The 2012 Coates Hire Ipswich 300 was a motor race for the Australian sedan-based V8 Supercars. It was the eighth event of the 2012 International V8 Supercars Championship. It was held on the weekend of 3–5 August at Queensland Raceway, in Ipswich, Queensland. Canadian Formula One world champion Jacques Villeneuve again performed a fill-in role, substituting for Greg Murphy for the second time while Murphy recovered from back surgery.