Round 5 of the Tasman Cup won by Graham McRae in a McRae GM1-Chevrolet.

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Graham McRae drove his McRae GM1-Chevrolet to victory the Tasman Cup race on the 2.0 mile Surfers Paradise International Raceway. The race was round 5 of the 1972 series for Formula 5000 cars. It was McRae's 8th career Tasman Cup race win.

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