The circuit was established by the WA Sporting Car Club to provide a dedicated racing venue for the Perth region. Originally named Wanneroo Park, the facility hosted its inaugural race meeting in March 1969. During its early years, the premier event was the Six Hour Le Mans, an endurance race for sedans and sports cars. As interest in the endurance format waned, the circuit transitioned its focus toward production car racing.
A significant milestone occurred in 1979 when the circuit hosted the Australian Grand Prix. This event coincided with the unveiling of a new pit and paddock area located to the west of the track. The race was won by Johnnie Walker in a Lola T332, marking the final time a Formula 5000 vehicle would win the national Grand Prix.
The original layout was characterized by its 2.411 km length and a challenging surface. Due to the surrounding sandy environment, the track surface historically became highly abrasive over time, earning a reputation as one of the most punishing circuits for tire wear in Australia.
In 1992, the circuit underwent a significant reconfiguration funded by local motorsport figure Alf Barbagallo. This project involved the construction of a "short circuit" by linking Turn 5 to the back straight, creating a 1.760 km (1.094 mi) variant. Following this private investment, the venue was renamed Barbagallo Raceway. This shorter configuration expanded the track's utility, enabling night racing and the introduction of truck racing events.
The circuit is noted for its high-speed entries and technical sections. Cat Corner, located at the end of the main straight, is a defining feature where entry speeds often exceed 100 km/h. This section has become a focal point for drift racing, though the discipline has drawn criticism for the specific wear and damage it causes to the track surface at this high-stress point.
The circuit has undergone several phases of modernization driven by safety requirements and the need to maintain national championship standards. A total resurfacing was completed in 2004, which led to a period where nearly all existing lap records were surpassed.
In 2011, a major upgrade commenced following the circuit's temporary removal from the V8 Supercar calendar. This phase included the demolition of the original control tower, widening of the track, and the construction of a new pit facility in the center of the circuit connected by a bridge. Improved lighting and safety barriers were also installed.
Specific safety reforms were mandated following a series of motorcycle fatalities. In November 2016, motorcycle racing was suspended at the venue pending the implementation of the "Hall Report" (Wanneroo Safety Enhancement Options Identification Assessment). To address these safety concerns, a motorcycle-only chicane was added at Turn 3 in January 2017, alongside a new barrier wall in the infield between Turn 4 and the back straight. Following a further resurfacing in 2019, the circuit was relicensed for motorcycle competition.
While best known for the Perth Super 440 Supercars Championship round, which attracts over 50,000 spectators annually, the circuit hosts a diverse range of categories. It has been a venue for the Australian Superbike Championship, Australian GT, and the Australian Sports Car Championship. In 2010, it hosted the inaugural Australian Festival of Speed, featuring a demonstration by Mark Webber and Red Bull Racing, though the event resulted in the financial insolvency of the organizers. The track also facilitates drift racing, the WA State Championships for motorcycles, and sidecar racing.
The circuit returned to its original name, Wanneroo Raceway, in 2020, followed by subsequent naming rights agreements as CARCO.com.au Raceway and, as of December 2025, MotorMall Wanneroo Raceway.
The official lap records were largely reset following the 2019 resurfacing. In March 2026, Todd Hazelwood set a notable unofficial lap record of 0:48.7563 in a Nissan S13 time attack car during the Outpace Motorshow. In the history of touring car racing at the venue, Craig Lowndes holds the record for the most round wins with six, while Dick Johnson Racing remains the most successful team with seven victories. Allan Moffat holds the distinction of winning the first Australian Touring Car Championship race at the circuit in 1973.
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