Many current or former Formula One drivers have participated in the event early in their careers and some of them have won the prestigious prize. Due to the challenging nature of the circuit, which consists of fast straights (a Formula Three car can reach a top speed of 275 km/h (171 mph) at the end of the straight ), tight corners and uncompromising crash barriers, the Macau Grand Prix is considered one of the most demanding circuits in the world. The highlight of the race weekend is the Macau Formula Three Grand Prix, featuring many national Formula Three champions and drivers from around the world, with the winner being awarded the FIA Formula 3 World Cup. In 2008, a GT3 race was added to the event, which became known as the FIA GT World Cup. In 1976, the Macau Motorcycle Grand Prix was introduced. The event received world championship status from 2005 to 2014 as the final round of the World Touring Car Championship. Production cars joined the event in 1957, which were superseded by touring cars in 1972.

The event has also had a variety of support races in its duration. In 1961, the title race became an open-wheel Formula Libre event. The first Macau Grand Prix event was held in 1954, as a sports car event. It is the only street circuit racing event in which both cars and motorcycles participate, and one of only two current national Grand Prix events that are not part of the Formula One World Championship, the other being the New Zealand Grand Prix. The Macau Grand Prix ( Portuguese: Grande Prémio de Macau Chinese: 澳門格蘭披治大賽車) is a motorsport road race for automobiles and motorcycles held annually in Macau.

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