Formula One French Grand Prix, pre-date the formation of the World Championship and were incorporated into the championship as Formula One races in 1950. The British and Italian Grands Prix are the only events to have been held every Formula One season; other long-running races include the Belgian, German and French Grands Prix. The Monaco Grand Prix, first held in 1929 and run continuously since 1955, is widely considered to be one of the most important and prestigious automobile races in the world. Traditionally each nation has hosted a single Grand Prix, which carries the name of the country. If a single
Phillip Island Grand Prix Circuit Litre V6 powered Formula Holdens which were approximately 10 seconds per lap slower. "The Official 50 Race History of the Australian Grand Prix" Phillip Island Grand Prix Circuit The Phillip Island Grand Prix Circuit is a motor racing circuit located near Ventnor, on Phillip Island, Victoria, Australia. The current circuit was first used in 1956. Motor racing on Phillip Island began in 1928 with the running of the 100 Miles Road Race, an event which has since become known as the first Australian Grand Prix. It utilised a high speed rectangle of local closed-off public roads with four similar right