Fans of Formula One and MotoGP will not be able to witness the Australian Grand Prix after both 2021 events were cancelled amid the coronavirus pandemic.

F1's Australian GP was scheduled to take place at Albert Park from November 18-21 in Melbourne after the 2020 race was called off due to COVID-19, while the MotoGP meet at Phillip Island was set for October 24.

However, both races have been scrapped for the second successive year because of restrictions and logistical challenges relating to the ongoing pandemic.

With the Australian GP removed from MotoGP's calendar, the Grande Premio do Algarve has been added for November 5-7, with the Malaysia GP brought forward a week to October 22-24.

"We're deeply disappointed that for a second consecutive year, both MotoGP and Formula 1 fans won’t be able to see the world’s best riders and drivers compete at the wonderful Phillip Island and Albert Park Grand Prix Circuits," said Australian Grand Prix Corporation Chairman Paul Little on Tuesday.

"We appreciate the challenge Australia faces with current international travel restrictions and the importance of vaccinations.

"I would like to reassure our motivated and professional staff, suppliers and partners, as well as the Victorian tourism and major events community that we will work tirelessly to deliver these iconic events in 2022."

F1 chief executive Stefano Domenicali said: "While it is disappointing we won't be racing in Australia this season, we are confident we can deliver a 23-race season in 2021 and we have a number of options to take forward to replace the place left vacant by the Australian Grand Prix.

"We will be working through the details of those options in the coming weeks and will provide further updates once those discussions are concluded."

"The FIM, IRTA and Dorna Sports regret to announce the cancellation of the Red Bull Australian Motorcycle Grand Prix," MotoGP said a statement. "The ongoing COVID-19 pandemic and resulting travel complications and logistical restrictions mean it has not been possible to confirm the viability of the event at this time, and it will therefore not feature on the 2021 calendar.

"The FIM MotoGP World Championship looks forward to returning to race in front of the Australian fans at the spectacular Phillip Island Grand Prix circuit in 2022."