This race was a support event at the 1988 Australian Grand Prix meeting. This was Larry Perkins' first win in Australia since the 1984 Bathurst 1000 and also the only Holden win for the year. This would be the final time that the touring cars would only have a single race at the Australian Grand Prix. Starting in 1989, the tourers would have one race on the Saturday afternoon following the Formula One final qualifying session with a second race the following morning on F1 race day.