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| Date | Sunday 16 March 2008 |
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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 18 in 2008
#786 (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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| Track Temperature | 51°C |
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| Air Temperature | 37°C |
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| Humidity | 11% |
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| Air Pressure | 1014.4 mBar |
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| Wind Speed | 2.6 m/s (from the North-North-West) |
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| Entries | 22 |
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| Qualifiers | 22 |
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| Finishers | 8 |
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| Pit stops | 27 |
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| Debutants | Nelson Piquet Jr (Driver),
Sébastien Bourdais (Driver),
Force India (Car Manufacturer),
BMW F1.08 (Car Model),
Ferrari F2008 (Car Model),
Force India VJM-01 (Car Model),
Honda RA108 (Car Model),
McLaren MP4/23 (Car Model),
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Red Bull RB4 (Car Model),
Renault R28 (Car Model),
Super Aguri SA08 (Car Model),
Toro Rosso STR02B (Car Model),
Toyota TF108 (Car Model),
Williams FW30 (Car Model),
Force India Formula One Team (Entrant)
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| Milestones |  Heikki Kovalainen – 1st Fastest Lap (Driver)
 Williams – 1000th Race Entry (Car Manufacturer)
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| Records Broken |
None
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| Records Extended |
1. Most Constructors' Championship Points Scores –  Ferrari (783),
2. Most Drivers' Championship Points Scores – Ferrari (915),
3. Most 8th Place Finishes – Ferrari (58),
4. Most Race Entries – Ferrari (1738),
5. Most 4th Place Qualifications – Ferrari (189)
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