| Circuit | Albert Park Grand Prix Circuit |
|---|---|
| Date | 2001-03-04 |
| Round | 1 |
| Pos | Driver | Team | Grid | Laps | Time/Status | Fastest Lap | Pts |
|---|---|---|---|---|---|---|---|
| 1 | Michael Schumacher | Ferrari | 1 | 58 | 1:38:26.533 | — | 10 |
| 2 | David Coulthard | McLaren | 6 | 58 | +1.717 | — | 6 |
| 3 | Rubens Barrichello | Ferrari | 2 | 58 | +33.491 | — | 4 |
| 4 | Nick Heidfeld | Sauber | 10 | 58 | +1:11.479 | — | 3 |
| 5 | Heinz-Harald Frentzen | Jordan | 4 | 58 | +1:12.807 | — | 2 |
| 6 | Kimi Räikkönen | Sauber | 13 | 58 | +1:24.143 | — | 1 |
| 7 | Olivier Panis | BAR | 9 | 58 | +1:27.050 | — | 0 |
| 8 | Luciano Burti | Jaguar | 21 | 57 | +1 Lap | — | 0 |
| 9 | Jean Alesi | Prost | 14 | 57 | +1 Lap | — | 0 |
| 10 | Jos Verstappen | Arrows | 15 | 57 | +1 Lap | — | 0 |
| 11 | Eddie Irvine | Jaguar | 12 | 57 | +1 Lap | — | 0 |
| 12 | Fernando Alonso | Minardi | 19 | 56 | +2 Laps | — | 0 |
| 13 | Giancarlo Fisichella | Benetton | 17 | 55 | +3 Laps | — | 0 |
| 14 | Jenson Button | Benetton | 16 | 52 | Electrical | — | 0 |
| 15 | Juan Pablo Montoya | Williams | 11 | 40 | Engine | — | 0 |
| 16 | Jarno Trulli | Jordan | 7 | 38 | Engine | — | 0 |
| 17 | Mika Häkkinen | McLaren | 3 | 25 | Suspension | — | 0 |
| 18 | Ralf Schumacher | Williams | 5 | 4 | Collision | — | 0 |
| 19 | Jacques Villeneuve | BAR | 8 | 4 | Collision | — | 0 |
| 20 | Tarso Marques | Minardi | 22 | 3 | Battery | — | 0 |
| 21 | Enrique Bernoldi | Arrows | 18 | 2 | Spun off | — | 0 |
| 22 | Gastón Mazzacane | Prost | 20 | 0 | Brakes | — | 0 |