The Australian Grand Prix is Australia's oldest surviving motor racing competition, having been held 79 times since it was first run at Phillip Island in 1928.
Since 1985, the race has been a round of the FIA Formula One World Championship and is currently held at the Melbourne Grand Prix Circuit at Albert Park in Melbourne. The Australian Grand Prix is contracted to remain in Melbourne until at least 2020.
Australian driver Lex Davison and German driver Michael Schumacher are the most successful drivers in the 86-year history of the event taking four wins each; while McLaren has been the most successful constructor with twelve victories.
Information technology/Software is playing important role in improving racing car quality.
The software has become the backbone of the manufacturing process and enables new components to be designed at high speed on computer before being sent into production seconds later at the click of a mouse and then able to be added into the vehicle in hours rather than days or weeks. This rapid production ability speeds up development and improves lap times.
Software and raw computing power helps racing teams achieve their goal of making cars go faster by doing tasks in minutes that would have taken days or weeks in the past.
Various computer software programs are available in market and have been used by engine shops and performance enthusiasts to simulate Building, Modifying, Tuning and Dyno Testing automotive engines before component purchases and engine assembly.
Using Virtual Engine Dyno, Engine Horsepower, Torque, RPM, 1/4 and 1/8 Mile ET and MPH are instantly calculated. Engine changes are only a mouse click away allowing users to find the best engine combination before making real modifications.
Because of software use, it has significantly reduced physical prototyping and has limited material waste. Additionally, designers and manufacturing made time savings of up to 75 percent by eliminating tedious and repetitive portions of the design and manufacturing process.