David Coulthard won the Australian Grand Prix 1997 at Albert Park Grand Prix Circuit on 9 March 1997, starting from P4 on the grid. Michael Schumacher finished second for Ferrari, with Mika Häkkinen completing the podium for McLaren.
| Pos | Grid | Driver | Team | Laps | Time / Status | Pts | FL |
|---|---|---|---|---|---|---|---|
| 1 | 4 | David CoulthardCOU | McLaren | 58 | 1:30:28.718 | 10 | |
| 2 | 3 | Michael SchumacherMSC | Ferrari | 58 | +20.046 | 6 | |
| 3 | 6 | Mika HäkkinenHKK | McLaren | 58 | +22.177 | 4 | |
| 4 | 10 | Gerhard BergerBER | Benetton | 58 | +22.841 | 3 | |
| 5 | 9 | Olivier PanisPAN | Prost | 58 | +1:00.308 | 2 | |
| 6 | 13 | Nicola LariniLAR | Sauber | 58 | +1:36.040 | 1 | |
| 7 | 16 | Shinji NakanoNAK | Prost | 56 | +2 Laps | 0 | |
| 8 | 2 | Heinz-Harald FrentzenFRE | Williams | 55 | Brakes | 0 | |
| 9 | 17 | Jarno TrulliTRU | Minardi | 55 | +3 Laps | 0 | |
| 10 | 22 | Pedro DinizDIN | Arrows | 54 | +4 Laps | 0 | |
| R | 11 | Rubens BarrichelloBAR | Stewart | 49 | Engine | 0 | |
| R | 18 | Mika SaloSAL | Tyrrell | 42 | Engine | 0 | |
| R | 19 | Jan MagnussenMAG | Stewart | 36 | Suspension | 0 | |
| R | 8 | Jean AlesiALE | Benetton | 34 | Fuel | 0 | |
| R | 15 | Ukyo KatayamaKAT | Minardi | 32 | Electrical | 0 | |
| R | 14 | Giancarlo FisichellaFIS | Jordan | 14 | Spun off | 0 | |
| R | 21 | Jos VerstappenVER | Tyrrell | 2 | Spun off | 0 | |
| R | 12 | Ralf SchumacherSCH | Jordan | 1 | Gearbox | 0 | |
| R | 1 | Jacques VilleneuveVIL | Williams | 0 | Collision | 0 | |
| R | 5 | Eddie IrvineIRV | Ferrari | 0 | Collision | 0 | |
| R | 7 | Johnny HerbertHER | Sauber | 0 | Collision | 0 | |
| W | 20 | Damon HillHIL | Arrows | 0 | Throttle | 0 | |
| F | 23 | Vincenzo SospiriSOS | Lola | 0 | Did not qualify | 0 | |
| F | 24 | Ricardo RossetROS | Lola | 0 | Did not qualify | 0 |
| Pos | Driver | Team | Q1 | Q2 | Q3 |
|---|---|---|---|---|---|
| 1 | Jacques Villeneuve | Williams | 1:29.369 | - | - |
| 2 | Heinz-Harald Frentzen | Williams | 1:31.123 | - | - |
| 3 | Michael Schumacher | Ferrari | 1:31.472 | - | - |
| 4 | David Coulthard | McLaren | 1:31.531 | - | - |
| 5 | Eddie Irvine | Ferrari | 1:31.881 | - | - |
| 6 | Mika Häkkinen | McLaren | 1:31.971 | - | - |
| 7 | Johnny Herbert | Sauber | 1:32.287 | - | - |
| 8 | Jean Alesi | Benetton | 1:32.593 | - | - |
| 9 | Olivier Panis | Prost | 1:32.842 | - | - |
| 10 | Gerhard Berger | Benetton | 1:32.870 | - | - |
| 11 | Rubens Barrichello | Stewart | 1:33.075 | - | - |
| 12 | Ralf Schumacher | Jordan | 1:33.130 | - | - |
| 13 | Nicola Larini | Sauber | 1:33.327 | - | - |
| 14 | Giancarlo Fisichella | Jordan | 1:33.552 | - | - |
| 15 | Ukyo Katayama | Minardi | 1:33.798 | - | - |
| 16 | Shinji Nakano | Prost | 1:33.989 | - | - |
| 17 | Jarno Trulli | Minardi | 1:34.120 | - | - |
| 18 | Mika Salo | Tyrrell | 1:34.229 | - | - |
| 19 | Jan Magnussen | Stewart | 1:34.623 | - | - |
| 20 | Damon Hill | Arrows | 1:34.806 | - | - |
| 21 | Jos Verstappen | Tyrrell | 1:34.943 | - | - |
| 22 | Pedro Diniz | Arrows | 1:35.972 | - | - |