The Fosters Lounge is a popular space for formal events, having held many wedding receptions, 21st and cocktail functions. This room was renovated in 2016, making what was a block of private suites into one big lounge, with it being best known for its modern look which requires less decorating. This lounge is a big hit on the corporate front, being able to hold a larger scale seminar for 200 people.

Located on the third floor of the International Stand, the Fosters Lounge has floor to ceiling glass windows and a double balcony that gives panoramic views over the racetrack.