The 2001 Australian Grand Prix was a Formula One motor race held on 4 March 2001 at the Albert Park Circuit in Melbourne, Victoria. It was the first round of the 2001 Formula One World Championship. Ferrari driver Michael Schumacher won the race from pole position. David Coulthard of the McLaren team finished second and Schumacher's teammate Rubens Barrichello third.

Michael Schumacher won the 33rd pole position of his career by recording the fastest lap in qualifying. He maintained the lead until a major accident on lap five involving Williams' Ralf Schumacher and British American Racing driver Jacques Villeneuve resulted in the death of spectator marshal Graham Beveridge, who was struck in the chest by Villeneuve's right-rear wheel. The incident necessitated deploying the safety car. The race restarted eleven laps later with Michael Schumacher in first place until the pit stop phase for fuel and tyres. Coulthard led for three laps until his stop before Michael Schumacher regained the lead which he maintained to win the race.

Graham Beveridge was the second marshal to die from injuries sustained during a Formula One race after Paolo Gislimberti at the 2000 Italian Grand Prix just under six months before. His death was investigated by the sport's governing body, the Fédération Internationale de l'Automobile, who concluded it was a "freak accident". A coroner's report concluded the organisers of the race, the Australian Grand Prix Corporation, were responsible for the accident and it was "avoidable".