Race Result
| GP n. 681 - 03/03/2002 - Grand Prix of Australia Albert Park Grand Prix Circuit |
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| Winner: | Michael Schumacher / Ferrari - 1:35'36.792 | ||||||
| Pole Position: | Rubens Barrichello / Ferrari - 1:25.843 | ||||||
| Fastest Lap: | Kimi Raikkonen / McLaren-Mercedes - 1:28.541 | ||||||
| Pos | Nš | Driver | Constructor | Laps | Time/Retired | Grid | Points |
| 1 | 1 |  Michael Schumacher |
Ferrari | 58 | 1:35'36.792 | 2 | 10 |
| 2 | 6 |  Juan Pablo Montoya |
Williams-BMW | 58 | +18.627 | 6 | 6 |
| 3 | 4 |  Kimi Raikkonen |
McLaren-Mercedes | 58 | +25.066 | 5 | 4 |
| 4 | 16 |  Eddie Irvine |
Jaguar-Cosworth | 57 | 1 lap | 19 | 3 |
| 5 | 23 |  Mark Webber |
Minardi-Asiatech | 56 | 2 laps | 18 | 2 |
| 6 | 24 | Mika Salo |
Toyota | 56 | 2 laps | 14 | 1 |
| 7 | 22 |  Alex Yoong |
Minardi-Asiatech | 55 | 3 laps | 21 | 0 |
| 8 | 17 |  Pedro de la Rosa |
Jaguar-Cosworth | 53 | 5 laps | 20 | 0 |
| Dsq | 20 | Heinz-Harald Frentzen |
Arrows-Cosworth | 16 | disqualified | 15 | 0 |
| Dsq | 21 |  Enrique Bernoldi |
Arrows-Cosworth | 15 | disqualified | 17 | 0 |
| Ret | 3 | David Coulthard |
McLaren-Mercedes | 33 | gearbox | 4 | 0 |
| Ret | 11 |  Jacques Villeneuve |
BAR-Honda | 27 | broken wing | 13 | 0 |
| Ret | 10 |  Takuma Sato |
Jordan-Honda | 12 | electrical | 22 | 0 |
| Ret | 14 |  Jarno Trulli |
Renault | 8 | spun off | 7 | 0 |
| Ret | 12 |  Olivier Panis |
BAR-Honda | 0 | collision | 12 | 0 |
| Ret | 2 | Rubens Barrichello |
Ferrari | 0 | collision | 1 | 0 |
| Ret | 9 | Giancarlo Fisichella |
Jordan-Honda | 0 | collision | 8 | 0 |
| Ret | 15 | Jenson Button |
Renault | 0 | collision | 11 | 0 |
| Ret | 7 | Nick Heidfeld |
Sauber-Petronas | 0 | collision | 10 | 0 |
| Ret | 8 | Felipe Massa |
Sauber-Petronas | 0 | collision | 9 | 0 |
| Ret | 25 | Allan McNish |
Toyota | 0 | collision | 16 | 0 |
| Ret | 5 | Ralf Schumacher |
Williams-BMW | 0 | collision | 3 | 0 |