2016 Rio Olympics - Athletics - Final - Men's 100m Final - Olympic Stadium - Rio de Janeiro, Brazil 14/08/2016. Usain Bolt (JAM) of Jamaica celebrates as he crosses the finish line to win the race REUTERS

Usain Bolt is set to race in Australia for the first time in his career after it was confirmed the nine-time Olympic gold medallist will take part in the inaugural edition of the Nitro Summer Series in February.

The 30-year-old is likely to earn upwards of $1 million for his appearance, according to local media reports. Bolt has already said he plans to retire from the sport after the August 2017 world championships in London.

The Jamaican won three gold medals in the Rio Games to equal distance-runner Paavo Nurmi and American sprinter and long jumper Carl Lewis as the most successful Olympic track and field athletes. Bolt’s fierce American rival Justin Gatlin, who has served two doping bans, has also been linked with the Nitro Series.