The 1977 Australian Drivers' Championship was an Australian motor racing competition for racing cars complying with Australian Formula 1 or with Australian Formula 2.[1] It was the 21st Australian Drivers' Championship to be awarded by the Confederation of Australian Motor Sport.[2]
The championship winner, John McCormack, was awarded the 1977 CAMS Gold Star.[3]
The championship was contested over a four-round series.[3]
| Round | Name | Circuit | Date | Format | Round winner | Car | |
| 1 | Glyn Scott Memorial Trophy[4] | 28 August | One race | John McCormack | McLaren M23 Leyland | ||
| 2 | Rothmans 10,000[5] | Sandown Park | 11 September | One race | Alfredo Costanzo | Lola T332 Chevrolet | |
| 3 | Calder | 16 October | Two heats | Jon Davison | Lola T332 Chevrolet | ||
| 4 | Phillip Island | 13 November | One race | John Leffler | Lola T400 Chevrolet |
Championship points were awarded on a 9-6-4-3-2-1 basis to the first six place-getters[1] at each round.
Where a round was contested over two heats, points were allocated on a 20-16-13-11-10-9-8-7-6-5-4-3-2-1 basis to the first 14 place-getters in each heat.[1] The six drivers attaining the highest aggregate from both heats were then awarded the championship points for that round.[1] Where more than one driver attained the same total, the relevant placing was awarded to the driver who was higher placed in the last heat.[1]
| Position | Driver | No. | Car | Entrant | Sur. | San. | Cal. | Phi. | Total | |
| 1 | John McCormack | 77 | McLaren M23 Leyland | Budget F1 Team | 9 | - | 6 | 4 | 19 | |
| 2 | John Leffler | 1 | Lola T400 Chevrolet | Grace Bros. Racing | 4 | 3 | - | 9 | 16 | |
| 3 | Alan Hamilton | 9 | Lola T430 Chevrolet | Alan Hamilton | - | 6 | 3 | 6 | 15 | |
| 4 | Alfredo Costanzo | 84 | Lola T332 Chevrolet | Auto Sprint Motors | - | 9 | 4 | - | 13 | |
| 5 | Jon Davison | 4 | Lola T332 Chevrolet | Jon Davison | - | - | 9 | - | 9 | |
| 6 | Kevin Bartlett | 5 | Lola T400 Chevrolet | Kevin Bartlett | 3 | 4 | - | 1 | 8 | |
| 7 | Garrie Cooper | 12 | Elfin MR8 Chevrolet | Ansett Team Elfin | 6 | - | - | - | 6 | |
| = | Peter Edwards | 11 | Lola T332 Chevrolet | P.J. Edwards | - | 2 | 1 | 3 | 6 | |
| 9 | Terry Hook | 15 | Lola T332 Chevrolet | Terry Hook | 2 | - | 2 | - | 4 | |
| 10 | Chas Talbot | 17 & 20 | Begg FM5 Chevrolet | Chas Talbot | 1 | 1 | - | - | 2 | |
| = | Graeme Smith[6] | Birrana 274 | - | - | - | 2 | 2[7] |
Sources vary as to the actual name of the championship.