Michael Schumacher won the Australian Grand Prix 2004 at Albert Park Grand Prix Circuit on 7 March 2004, starting from pole position. Rubens Barrichello finished second for Ferrari, with Fernando Alonso completing the podium for Renault. Michael Schumacher set the fastest lap with a time of 1:24.125.
| Pos | Grid | Driver | Team | Laps | Time / Status | Pts | FL |
|---|---|---|---|---|---|---|---|
| 1 | 1 | Michael SchumacherMSC | Ferrari | 58 | 1:24:15.757 | 10 | ⚡ 1:24.125 |
| 2 | 2 | Rubens BarrichelloBAR | Ferrari | 58 | +13.605 | 8 | |
| 3 | 5 | Fernando AlonsoALO | Renault | 58 | +34.673 | 6 | |
| 4 | 8 | Ralf SchumacherSCH | Williams | 58 | +1:00.423 | 5 | |
| 5 | 3 | Juan Pablo MontoyaMON | Williams | 58 | +1:08.536 | 4 | |
| 6 | 4 | Jenson ButtonBUT | BAR | 58 | +1:10.598 | 3 | |
| 7 | 9 | Jarno TrulliTRU | Renault | 57 | +1 Lap | 2 | |
| 8 | 12 | David CoulthardCOU | McLaren | 57 | +1 Lap | 1 | |
| 9 | 7 | Takuma SatoSAT | BAR | 57 | +1 Lap | 0 | |
| 10 | 14 | Giancarlo FisichellaFIS | Sauber | 57 | +1 Lap | 0 | |
| 11 | 19 | Christian KlienKLI | Jaguar | 56 | +2 Laps | 0 | |
| 12 | 13 | Cristiano da MattaDAM | Toyota | 56 | +2 Laps | 0 | |
| 13 | 18 | Olivier PanisPAN | Toyota | 56 | +2 Laps | 0 | |
| 14 | 16 | Giorgio PantanoPAN | Jordan | 55 | +3 Laps | 0 | |
| R | 11 | Felipe MassaMAS | Sauber | 44 | Engine | 0 | |
| R | 15 | Nick HeidfeldHEI | Jordan | 43 | Transmission | 0 | |
| N | 20 | Gianmaria BruniBRU | Minardi | 43 | Not classified | 0 | |
| R | 6 | Mark WebberWEB | Jaguar | 29 | Transmission | 0 | |
| R | 17 | Zsolt BaumgartnerBAU | Minardi | 13 | Electrical | 0 | |
| R | 10 | Kimi RäikkönenRAI | McLaren | 9 | Engine | 0 |
| Pos | Driver | Team | Q1 | Q2 | Q3 |
|---|---|---|---|---|---|
| 1 | Michael Schumacher | Ferrari | 1:24.408 | - | - |
| 2 | Rubens Barrichello | Ferrari | 1:24.482 | - | - |
| 3 | Juan Pablo Montoya | Williams | 1:24.998 | - | - |
| 4 | Jenson Button | BAR | 1:24.998 | - | - |
| 5 | Fernando Alonso | Renault | 1:25.699 | - | - |
| 6 | Mark Webber | Jaguar | 1:25.805 | - | - |
| 7 | Takuma Sato | BAR | 1:25.851 | - | - |
| 8 | Ralf Schumacher | Williams | 1:25.925 | - | - |
| 9 | Jarno Trulli | Renault | 1:26.290 | - | - |
| 10 | Kimi Räikkönen | McLaren | 1:26.297 | - | - |
| 11 | Felipe Massa | Sauber | 1:27.065 | - | - |
| 12 | David Coulthard | McLaren | 1:27.294 | - | - |
| 13 | Cristiano da Matta | Toyota | 1:27.823 | - | - |
| 14 | Giancarlo Fisichella | Sauber | 1:27.845 | - | - |
| 15 | Nick Heidfeld | Jordan | 1:28.178 | - | - |
| 16 | Giorgio Pantano | Jordan | 1:30.140 | - | - |
| 17 | Zsolt Baumgartner | Minardi | 1:30.681 | - | - |
| 18 | Olivier Panis | Toyota | - | - | - |
| 19 | Christian Klien | Jaguar | - | - | - |
| 20 | Gianmaria Bruni | Minardi | - | - | - |