Craig Lowndes has won the Barry Sheene Medal at the V8 Supercars Awards Gala in Sydney overnight.

Lowneds won the sport's best and fairest award for the fifth time, beating Championship winner Mark Winterbottom.

“He was a character, Barry,” Lowndes said.

“I remember when I first started in V8s that he was an amazing person.

“To be able to receive this medal, it's a great honour. It's something very special.”

2015 V8 Supercars Gala Awards

2015 V8 Supercars Champion — Mark Winterbottom, Prodrive Racing Australia

Castrol Edge Champion Team of the Year — Red Bull Racing Australia

Champion Manufacturer of the Year — Holden

Supercheap Auto Bathurst 1000 Champions — Craig Lowndes and Steven Richards

Dunlop Series Champion — Cameron Waters, Prodrive Racing Australia

Barry Sheene Medal — Craig Lowndes, Red Bull Racing Australia

Mike Kable ‘Young Gun' Award — Ashley Walsh

ARMOR ALL Pole Position Award — Chaz Mostert, Prodrive Racing Australia

Dunlop Series ARMOR ALL Pole Position Award — Cameron Waters, Prodrive Racing Australia

Fans Choice Award Best Presented Team — Holden Racing Team

Fans Choice Award Most Popular Driver — Craig Lowndes, Red Bull Racing Australia

Fans Choice Award Best Event — Castrol Gold Coast 600

Best Volunteer Group — ITM 500 Auckland

Privateer's Cup — Jack Le Brocq

V8 Supercars Media Award — James Phelps, News Limited

V8 Supercars Hall of Fame Inductee — Garry Rogers

Driver's Driver — Lee Holdsworth