Australian Grand Prix won by Eddie Irvine in his Ferrari.
Eddie Irvine and Ferrari chalked up another win at the Australian GP. His time of 1:35.01 was just 1.026 seconds over Frentzen in the Jordan as he chased him over the line. Ralf Schumacher in the Williams was third on the podium another seven seconds back. Michael Schumacher who set fastest lap of the race, finished 1 lap down from the leaders. Hakkinen was on pole but had his throttle break 21 laps into the event.