The 2010 event was the tenth running of the Phillip Island 500 .
Running marked the third time that the Phillip Island circuit had served as the venue for the annual 500 kilometre two - driver V8 Supercar race .
The 2010 event was the tenth running of the Phillip Island 500 and it marked the third time that the Phillip Island circuit had served as the venue for the annual 500 kilometre two - driver V8 Supercar race .