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formula1.com
F1 2012: Melbourne Australian GP: Who will win?
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Background
When Formula One came to Australia in 1985 it set up home in Adelaide. However, ex-racer-turned-entrepreneur Bob Jane wanted a race in Melbourne. He created a huge 'thunderdome' and invented the AUSCAR series, bringing NASCAR action to Australia.
The desire to have a race in Melbourne did not wane. Despite the popular end of season slot for the Adelaide race, pressure was growing from the Melbourne motor sport community, and in 1992 Jeff Kennett was elected the new premier of the State of Victoria. He immediately set about improving Melbourne's profile. First on his list was the Australian Grand Prix.
http://www.formula1.com/races/in_detail/australia_864/circuit_history.html
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