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| Date | Sunday 7 March 1999 |
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| Start time | 14:00 |
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| Event |  Australian GP |
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| Circuit | Melbourne |
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| Event Format | Race of 57 laps |
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| Championship | World Championship |
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| Race number | #1 of 16 in 1999
#631 (of all time) |
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| Laps | 57 |
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| Circuit Perimeter | 5303 m |
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| Race Distance | 5303 × 57 = 302.271 km |
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| Grid Format | 2-2-2-2 (staggered) |
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| Pole Position | Left |
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| First Corner | Right |
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| Track Direction | Clockwise |
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| Weather | Sunny, Mild, Dry |
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| Entries | 22 |
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| Qualifiers | 22 |
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| Finishers | 8 |
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| Debutants | Marc Gené (Driver),
Pedro de la Rosa (Driver),
Ricardo Zonta (Driver),
BAR (Car Manufacturer),
Supertec (Engine Manufacturer),
Repsol (Lubricant Manufacturer),
Arrows A20 (Car Model),
BAR 01 (Car Model),
Benetton B199 (Car Model),
Ferrari F399 (Car Model),
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Jordan 199 (Car Model),
McLaren MP4/14 (Car Model),
Minardi M01 (Car Model),
Prost AP02 (Car Model),
Sauber C18 (Car Model),
Stewart SF3 (Car Model),
Williams FW21 (Car Model),
British American Racing (Entrant),
Fondmetal Minardi Ford (Entrant),
Repsol Arrows (Entrant)
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| Milestones |  Jacques Villeneuve – 50th Race Entry (Driver)
 Eddie Irvine – 1st Win (Driver)
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| Records Broken |
None
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| Records Extended |
1. Most Constructors' Championship Points Scores –  Ferrari (543),
2. Most Podium Finishes – Ferrari (432),
3. Most Drivers' Championship Points Scores – Ferrari (675),
4. Most Race Wins – Ferrari (121),
5. Most Fastest Laps – Ferrari (136),
6. Most Races Led – Ferrari (299),
7. Most Laps Led – Ferrari (7858),
8. Most Race Entries – Ferrari (1428),
9. Most 3rd Place Qualifications – Ferrari (155),
10. Most 3rd Place Qualifications –  Michael Schumacher (34),
11. Most 6th Place Qualifications – Ferrari (125)
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