 The biggest operations have been the V8 Supercar teams, led by three times series champions Stone Brothers Racing, Tekno Autosports, Paul Morris Motorsport, Triple F Racing and Australia's oldest touring car team, DJR Team Penske.Previously Surfers Paradise International Raceway had hosted drag racing and been a regular venue for the Australian Touring Car Championship and before that the Tasman Series which saw touring European Formula One teams visit Queensland.The Australian Grand Prix was held there in 1975, while the earliest major sporting event on the Coast was the 1954 Australian Grand Prix held on a giant street circuit in Southport, to the west of the present day street circuit.