Albert Park Pit Building Redevelopment
A first-class facility for Formula 1 and the community.
The Albert Park Pit Building is undergoing a redevelopment, cementing it as a premier sporting and recreational hub.
This exciting project aims to deliver world-class facilities that cater to elite motorsport and community needs.
The new pit building project will help maintain Victoria’s prized place on the Formula 1 race calendar for years to come by:
- upgrading the existing pit building that was built in 1995 to meet Formula 1’s technical requirements of the modern race
- expanding the type of community sports the current building can host.
What are the pit building upgrades?
A state-of-the-art pit building, featuring:
- 14 new garages
- new facilities for race control and administration
- new media centre
- 5,000 capacity Paddock Club and supporting amenities.
Reinvigorated community facilities, featuring:
- 7 brand new indoor sports courts with compliant ceiling heights to cater for more sports
- clubrooms with modern facilities for local sporting clubs using the outdoor playing fields.
Economic impact
The Australian Grand Prix is a significant part of Victoria’s exciting calendar of major events. It gives locals the chance to enjoy world-class culture, sports and entertainment, while providing a boost of over $3.3 billion a year to our economy.
An independent economic report published in 2025 showed the Formula 1 Australian Grand Prix poured more than $323 million into Victoria’s visitor economy and supported 1,631 full time jobs.
The 2026 event attracted over 483,000 fans, with hotel occupancy in central Melbourne reaching 95.6% the night before the race.
A commitment to community
Beyond its role in hosting international events, the redevelopment ensures that the pit building serves the local community year-round.
The upgraded facilities will provide a sporting hub for future generations.
This is more than just an infrastructure project, it is a strategic investment in Victoria's future.
By improving our state's sporting facilities and supporting major events, we are fostering economic growth, community well-being, and global recognition.
This project highlights Victoria's commitment to being a leader in world-class events and sustainable community development.
Project updates
To stay up-to-date on the latest information and news regarding the project, please visit Albert Park Pit Building on the Development Victoria website.
Latest news
New facilities for Albert Park football clubs officially open