Mad Max received a polarized reception upon its release in April 1979, although it won three AACTA Awards and attracted a cult following, while its critical reputation has grown since. Filmed on a budget of A$0.4 million, it earned more than US$100 million worldwide in gross revenue, and held the "Guinness" record for most profitable film. The success of "Mad Max" has been credited for further opening up the global market to Australian New Wave films. The film became the first in the "Mad Max" series, giving rise to three sequels, "Mad Max 2" (1981), "Beyond Thunderdome" (1985), and "" (2015). "A
Mad Max was the most profitable film ever made at the time, holding the Guinness World Record for the highest box office to budget ratio of any motion picture. The film was awarded three Australian Film Institute Awards in 1979 (for editing, sound, and musical score). It was also nominated for Best Film, Best Director, Best Original Screenplay, and Best Supporting Actor (Hugh Keays-Byrne) by the Australian Film Institute. The film also won the Special Jury Award at the Avoriaz Fantastic Film Festival. "Mad Max" holds a 90% "Fresh" rating on review aggregator site Rotten Tomatoes, based on 61 positive critic reviews,