John Harnden AM has been confirmed as the new chairman of the Australian Grand Prix Corporation (AGPC).

Harnden takes over the position from the long serving Ron Walker, who stepped down from the role in April after a period of 23 years.

A former Chief Executive of the AGPC, Harnden has more than 25 years experience in motorsport.

Earlier this year, Harnden took up the position of the Chief Executive for the ICC Cricket World Cup in Australia.

“I wish to congratulate Ron Walker for his vision and leadership over 23 years to make the Formula 1 Australian Grand Prix and the Australian Motorcycle Grand Prix two of the most iconic sporting events in Australia,” said Harnden.

“His contribution to events in Victoria and motorsport in particular is unparalleled. His enthusiasm and relentless energy has been instrumental in showcasing Melbourne and regional Victoria to the world.

“It has been a privilege to work alongside him.

“This appointment is a great honour and I am excited by the opportunity to be able to build upon the success that Ron and the team have achieved.”