Michael Schumacher won the Australian Grand Prix 2002 at Albert Park Grand Prix Circuit on 3 March 2002, starting from P2 on the grid. Juan Pablo Montoya finished second for Williams, with Kimi Räikkönen completing the podium for McLaren.
| Pos | Grid | Driver | Team | Laps | Time / Status | Pts | FL |
|---|---|---|---|---|---|---|---|
| 1 | 2 | Michael SchumacherMSC | Ferrari | 58 | 1:35:36.792 | 10 | |
| 2 | 6 | Juan Pablo MontoyaMON | Williams | 58 | +18.628 | 6 | |
| 3 | 5 | Kimi RäikkönenRAI | McLaren | 58 | +25.067 | 4 | |
| 4 | 19 | Eddie IrvineIRV | Jaguar | 57 | +1 Lap | 3 | |
| 5 | 18 | Mark WebberWEB | Minardi | 56 | +2 Laps | 2 | |
| 6 | 14 | Mika SaloSAL | Toyota | 56 | +2 Laps | 1 | |
| 7 | 21 | Alex YoongYOO | Minardi | 55 | +3 Laps | 0 | |
| 8 | 20 | Pedro de la RosaDLR | Jaguar | 53 | +5 Laps | 0 | |
| R | 4 | David CoulthardCOU | McLaren | 33 | Gearbox | 0 | |
| R | 13 | Jacques VilleneuveVIL | BAR | 27 | Broken wing | 0 | |
| D | 15 | Heinz-Harald FrentzenFRE | Arrows | 16 | Disqualified | 0 | |
| D | 17 | Enrique BernoldiBER | Arrows | 15 | Disqualified | 0 | |
| R | 22 | Takuma SatoSAT | Jordan | 12 | Electrical | 0 | |
| R | 7 | Jarno TrulliTRU | Renault | 8 | Spun off | 0 | |
| R | 1 | Rubens BarrichelloBAR | Ferrari | 0 | Collision | 0 | |
| R | 3 | Ralf SchumacherSCH | Williams | 0 | Collision | 0 | |
| R | 8 | Giancarlo FisichellaFIS | Jordan | 0 | Collision | 0 | |
| R | 9 | Felipe MassaMAS | Sauber | 0 | Collision | 0 | |
| R | 10 | Nick HeidfeldHEI | Sauber | 0 | Collision | 0 | |
| R | 11 | Jenson ButtonBUT | Renault | 0 | Collision | 0 | |
| R | 12 | Olivier PanisPAN | BAR | 0 | Collision | 0 | |
| R | 16 | Allan McNishMCN | Toyota | 0 | Collision | 0 |