Two of the fastest on show are the $659,000 Lamborghini Murcielago LP640 and the $574,000 Ferrari 599 GTB Fiorano, each capable of more than 330km/h. But you won 't be able to buy them even if you have the money.
Honda and Toyota are showing mock-ups of their 2006 Formula One cars, while Subaru is showing a mock-up of its World Rally Championship car driven by Gold Coaster Chris Atkinson to fourth place in the Monte Carlo Rally.
Other show stoppers include Jaguar's supercharged 4.2-litre V8 XKR, Audi's $300,000 R8 which is not due for production until later this year, and the 500-horsepower seven-litre V8 Corvette Z06 American muscle car converted from left to right-hand-drive in Gympie by Performax International.
At the other end of the power scale are a collection of 50cc commuter scooters with less than 10 horsepower, as well as environmentally friendly petrol-electric hybrids and Saab's BioPower 9-5 which runs on 85 per cent ethanol fuel made from sugarcane.
Motor show manager Michelle Ramsay said the 311 vehicles on display were brought in this week by 450 trucks and 150 commercial vehicles. The show runs until February 11.