1970 Australian Formula 2 Championship
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The 1970 Australian Formula 2 Championship was an Australian motor racing title for drivers of racing cars complying with Australian Formula 2 regulations. The title, which was recognised by the Confederation of Australian Motor Sport as the fourth Australian Formula 2 Championship, was decided over a single 40-lap, 60-mile (97 km) race, staged at the Lakeside circuit in Queensland, Australia on 27 September 1970. There were seven starters in the event.
The championship was won by Max Stewart driving a Mildren Waggott.
Results

| Position | Driver | No. | Car | Entrant | Laps |
| 1 | Max Stewart | 6 | Mildren Waggott TC4V | Alec Mildren Racing | 40 |
| 2 | John Walker | Elfin | Gilbert Motor Bodies | 39 | |
| 3 | Jack Bono | Brabham BT6 Ford | J. Bono | 38 | |
| 4 | Ken Goodwin | Rennmax | Peter Clarke Surfboards | 38 | |
| 5 | Vern Hamilton | 65 | Elfin 600B | Vern Hamilton | 38 |
| 6 | Brian Power | Rennmax | Brian Power Shell Racing | 38 | |
| DNF | Don Uebergang | Elfin 600B |
Notes
- Fastest lap: Max Stewart, 53.4s, (101.31 mph), new Australian Formula 2 lap record.
Further reading
- Australian Motor Manual, December 1970, page 17
- Jim Shepherd, A History of Australian Motor Sport, 1980