The 2002 VIP Petfoods Queensland 500 was an endurance race for V8 Supercars staged at Queensland Raceway, Ipswich, Queensland, Australia on 15 September 2002. Race distance was 161 laps of the 3.121 km circuit, totalling 502 km. The event was round nine of the 2002 V8 Supercar Championship Series. It was the fourth and last Queensland 500 to be held for V8 Supercars, although the race name was revived in 2006 for a club level endurance race for Sports and Touring Cars.

The 2002 V8 Supercar Championship Series was an Australian based motor racing series for V8 Supercars. It began on 15 March 2002 at the Adelaide Street Circuit and ended on 1 December at Sandown International Raceway after 13 rounds. It was the fourth V8 Supercar Championship Series but the first to carry that name, previous championships having been contested as the "Shell Championship Series". The winner of the Drivers Championship, Mark Skaife, was also awarded the 43rd Australian Touring Car Championship.