The 1970 Hardie-Ferodo 500 was the 11th running of the Bathurst 500 touring car race. It was held on 4 October 1970 at the Mount Panorama Circuit just outside Bathurst. The race was open to standard production sedans competing in five classes based on the purchase price of the vehicle (in Australian dollars).
Allan Moffat won his first Bathurst endurance race, leading home Bruce McPhee in a one-two result for the Ford works team and their Ford XW Falcon GTHO Phase II's. It was the fifth Phillip Island / Bathurst 500 victory for the factory team. Third, a lap behind the Fords, was Don Holland driving a Holden LC Torana GTR XU-1.
Defending winners Colin Bond and Tony Roberts drove separate cars in the event. Bond finished 16th in his Holden Dealer Team Torana GTR XU-1 after having led the early laps, while Roberts was lucky to survive a spectacular accident when his Ford Falcon GTHO crashed at Skyline only 6 laps from the finish. The Falcon spun backwards, leapt over the guard rail and rolled about 50 metres down the mountain before being stopped by a tree.