F1 machinery will grace the Mount Panorama circuit for only the second time next month, but the initiative will carry an extra thrill for fans of the sport.

V8 Supercars and the Australian Grand Prix Corporation will make history by giving fans the experience of a lifetime by riding around the famous Bathurst circuit in the two-seater Australian Grand Prix Swisse machine, replicating the ground-breaking moment when V8 Supercars champion Craig Lowndes and F1 world champion Jenson Button swapped cars in 2011.

"This is a once in a lifetime opportunity for a crazy lap of Mount Panorama thanks to the Australian Grand Prix Corporation," V8 Supercars CEO James Warburton said, "It has been a long time in the making and now four incredibly lucky people will experience the ultimate adrenalin rush."

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Australian Grand Prix Corporation CEO Andrew Westacott said that, with V8 Supercars being such an integral part of the F1 event in Melbourne, it was a great opportunity to run the two-seater at Mount Panorama.

"We have a strong and long standing relationship with V8 Supercars, so when the prospect of a joint promotion arose, we thought it would be a fantastic opportunity to give V8 fans the chance to experience F1 from inside the cockpit," Westacott said.

Following his historic run, where he clocked the fastest lap in history of 1min 48secs in his McLaren MP4-23, Button was quick to acknowledge the challenging nature of the circuit.

"There are a couple of corners that every time I got there I thought I was in the right place... and you are not," he admitted, "But that's what makes it such a special circuit."

For five-time Bathurst winner Lowndes, it was an experience he will never forget and one that he regards amongst his best moments in a race car.

"From point to point the car power to weight ratio is quite incredible compared to a V8 Supercar," Lowndes said, "I can't believe someone has the chance to do this - I will need to buy a ticket now."