The Spaniard was handed a five-second penalty after he collided with Aston Martins Fernando Alonso, resulting in him dropping from 4th to 12th.
The hearing is set to assess whether there is significant or new evidence that was not considered by the stewards who oversaw the Melbourne event. If that is the case, only then will the incident be reviewed by officials.
If the penalty is indeed reassessed, there could be a number of different outcomes. It can remain the same, change to a different penalty, or be overturned.
Frederic Vasseur, Ferrari team principal said last week that two other similar instances occurred last week but they did not result in penalties.
He highlighted the crash between Pierre Gasly and Esteban Ocon and that between Logan Sargeant ramming Nyck De Vries.
Both Vasseur and Sainz were frustrated with the speed at which the stewards decided on the penalty without hearing from the drivers who were involved.
Alonso himself stated that he felt the penalty was harsh.
In a news conference last week, Vassuer said:
“The process is first they will have a look on the petition to see if they can reopen the case and then we will have a second hearing a bit later about the decision itself.
“What we can expect is to at least have an open discussion with them and for the good of the sport to avoid to have this kind of decision where you have three cases on the same corner and not the same decision.
“The biggest frustration was from Carlos - and you heard it on the radio - was to not have the hearings because the case was very special and in this case, it would have made sense because the race was over and it was not affecting the podium.”