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| Date | Sunday 3 March 2002 |
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| Start time | 14:00 |
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| Event |  Australian GP |
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| Circuit | Melbourne |
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| Event Format | Race of 58 laps |
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| Championship | World Championship |
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| Race number | #1 of 17 in 2002
#681 (of all time) |
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| Laps | 58 |
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| Circuit Perimeter | 5303 m |
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| Race Distance | 5303 × 58 = 307.574 km |
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| Grid Format | 2-2-2-2 (staggered) |
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| Pole Position | Left |
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| First Corner | Right |
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| Track Direction | Clockwise |
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| Weather | Overcast, Mild, Dry |
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| Entries | 22 |
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| Qualifiers | 22 |
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| Finishers | 8 |
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| Debutants | Allan McNish (Driver),
Felipe Massa (Driver),
Mark Webber (Driver),
Takuma Sato (Driver),
Toyota (Car Manufacturer),
Toyota (Engine Manufacturer),
Arrows A23 (Car Model),
BAR 004 (Car Model),
Jaguar R3 (Car Model),
Jordan EJ12 (Car Model),
McLaren MP4/17 (Car Model),
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Minardi PS02 (Car Model),
Renault R202 (Car Model),
Sauber C21 (Car Model),
Toyota TF102 (Car Model),
Williams FW24 (Car Model),
DHL Jordan Honda (Entrant),
KL Minardi Asiatech (Entrant),
Mild Seven Renault F1 Team (Entrant),
Orange Arrows (Entrant),
Panasonic Toyota Racing (Entrant),
Sauber Petronas (Entrant)
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| Milestones |  Jacques Villeneuve – 100th Race Entry (Driver)
 Kimi Räikkönen – 1st Fastest Lap (Driver)
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| Records Broken |
None
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| Records Extended |
1. Most Constructors' Championship Points Scores –  Ferrari (620),
2. Most Drivers' Championship Points Scores – Ferrari (752),
3. Most Podium Finishes – Ferrari (494),
4. Most Race Wins – Ferrari (146),
5. Most Race Wins –  Michael Schumacher (54),
6. Most Consecutive Constructors' Championship Points Scores – Ferrari (37),
7. Most Consecutive Drivers' Championship Points Scores – Ferrari (37),
8. Most Races Led – Ferrari (352),
9. Most Races Led – Michael Schumacher (90),
10. Most Laps Led – Ferrari (9392),
11. Most Laps Led – Michael Schumacher (3156),
12. Most Race Entries – Ferrari (1528),
13. Most Poles – Ferrari (149),
14. Most 2nd Place Qualifications – Ferrari (147),
15. Most 18th Place Qualifications – Minardi (55),
16. Most 21st Place Qualifications – Minardi (60)
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