The modifications include the removal of the existing turns six/seven chicane and significant alterations to the turns nine/10 chicane.
Daniel Ricciardo, the only Australian driver on the current F1 grid, is confident the changes will make for added excitement for the fans.
“Sundays and making race days more exciting for everyone, that’s what we all want and I think these changes are in the direction of what we want," said the 31-year-old.
"Better races, more battles – the changes are going to push us towards that."
Despite being hopeful the alterations will improve the racing, Ricciardo added the track will come alive when coupled with the 2022 F1 aerodynamic changes.
“With these  cars the changes should help a lot," added Ricciardo. "But from 2022, if next year promises everything it does, with being able to follow the car in front and the racing to be enhanced, then coming to a circuit like Albert Park should make for a pretty amazing spectacle.
“I see all of these changes as beneficial for Sunday and we can have some fun on the brakes. It’ll make the racing closer, I’m pretty confident of that.”
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