The 1958 Australian Grand Prix was a motor race for Formula Libre racing cars,Peter Wherret, Motor Sport, The Sydney Morning Herald, Monday, 21 July 1958, page 9 held at the Mount Panorama Circuit, near Bathurst in New South Wales, Australia on 6 October 1958. The race had 26 starters. It was the first Australian Grand Prix to specifically exclude sports cars from the entry.

The race was the 23rd Australian Grand PrixThe Australian Grand Prix, Official Year Book of Motor Sport In Australia, 1959, Confederation of Australian Motor Sport, page 43 and the seventh race of the 1958 Australian Drivers' Championship. To Date this was the last time the Australian Grand Prix was held on The Mountain.

The race was won by Lex Davison driving a Ferrari. It was his third Australian Grand Prix win, equalling the record held jointly by Bill Thompson and Doug Whiteford.

Classification Results as follows.

Pos No. Driver Car Entrant Laps Time Pts 1 12 Lex Davison Ferrari 625 / Ferrari 3.0L Ecurie Australie 30 1h 25m 18s 8 2 1 Ern Seeliger Maybach III / Chevrolet 4.6L Stan Jones Motors Pty Ltd 30 1h 27m 20s 5 3 46 Tom Hawkes Cooper T23 / Holden 2.3L Ecurie Corio 30 1h 27m 26s 3 4 5 Merv Neil Cooper T45 / Climax 1.7L M Neil 29 # 5 9 Curley Brydon Ferrari 125 F1 / Chevrolet 4.7L AH Brydon 28 1 6 33 Len Lukey Lukey / Bristol 2.2L Lukey Mufflers Pty Ltd 28 7 10 Alec Mildren Cooper T43 / Climax FPE 2.0L AG Mildren Pty Ltd 28 8 19 Ray Walmsley Alfa Romeo Tipo B / Chevrolet 4.7L R Wamsley 28 9 22 Tom Clark Ferrari 555 Super Squalo / Ferrari 3.4L T Clark 28 10 3 Jack Myers WM Special / Holden 2.4L J Myers 27 11 56 Bill Reynolds Orlando MG / MG 1.5L R Orlando 22 12 32 Keith Moy MG NE / Holden 2.4L K Moy 19 13 11 Gordon Stewart MG Special / MG 1.5L G Stewart 18 Ret 4 Stan Jones Maserati 250F / Maserati 2.5L Stan Jones Motors Pty Ltd 26 Ret 21 Syd Negus Cooper T20 / Bristol 2.0L Syd Negus 24 Ret 39 Ted Gray Tornado II / Chevrolet 4.6L Lou Abrahams 24 Ret 25 Ray Gibbs Cooper T23 / Holden 2.4L R Gibbs 18 Ret 20 Alf Harvey Maserati 4CLT / O.S.C.A. 4.5L A Harvey 16 Ret 41 Frank Walters So Cal Special / Ford 4.4L F Walters 10 Ret 62 John Schroder Nota Consul / Ford 1.5L J Schroder 10 Ret 45 Alan Ferguson MG TC / Holden 2.4L A Ferguson 8 Ret 15 Barry Collerson MG TA / MG 1.5L B Collerson 6 Ret 48 Bill Cooke Peugeot Special / Peugeot 1.5L W Cooke 6 Ret 58 Ern Tadgell Sabakat (Lotus 12) / Climax FPE 1.5L Tadgell Aviation 4 Ret 14 Jack Robinson Jaguar Special / Jaguar 3.4L J Robinson 2 DSQ 44 Jack Neal Maserati 4C / Maserati 1.5L J Neal 18 DNS 59 Bill Patterson Cooper T43 / Climax 1.7L Bill Patterson Motors Pty Ltd DNS 71 Noel Hall Ralt Mk.4 / Vincent 1.0L O Hall

'# New Zealander Merv Neal was not eligible to score points in the Australian Drivers Championship

1958 Australian Drivers' Championship standings after the race The top five standings in the 1958 Australian Drivers' Championship after the Australian Grand Prix were: PosDriverPoints 1 Stan Jones 23 2 Len Lukey 20 3 Alec Mildren 18 4 Ted Gray 13 5 Lex Davison 8

Notes & references