Motor racing on Phillip Island began in 1928 with the running of the 100 Miles Road Race, an event which has since become known as the first Australian Grand Prix. It utilised a high speed rectangle of local closed-off public roads with four similar right hand corners.

In 1951, a group of six local businessmen decided to build a new track. It still bears the corner name signs of the original circuit. As the piece of available land was on the edge of the coast, the track is known for its steep grades – the highest 57 metres