Sir Jack Brabham's youngest son David said in a statement:
It's a very sad day for all of us. My father passed away peacefully at home at the age of 88 this morning.
He lived an incredible life, achieving more than anyone would ever dream of and he will continue to live on through the astounding legacy he leaves behind.
More top news
A student who contracted a deadly strain of meningitis has urged teenagers to get vaccinated.
The MK912 spitfire was forced to make an emergency landing soon after taking off.
Showers ease in the north tonight, with it becoming very warm in the southeast tomorrow.