The Amazing Race Philippines is a Philippine television reality competition show broadcast by TV5. The show is based on the American series The Amazing Race. Hosted by Derek Ramsey, it aired from October 29, 2012, to December 7, 2014, replacing Artista Academy and was replaced by Wattpad Presents. Each season is split into legs, with teams tasked to deduce clues, navigate themselves in foreign areas, interact with locals, perform physical and mental challenges, and travel by air, boat, car, taxi, and other modes of transport. Teams are progressively eliminated at the end of most legs for being the last to arrive at designated Pit Stops. The first team to arrive at the Finish Line wins the grand prize of ₱2 million.

The show is produced by the Australian production company, activeTV, which has also produced The Amazing Race Asia, The Amazing Race Australia, an Israeli version called HaMerotz LaMillion, and the Ukrainian version called Velyki Perehony. It is the fifth Asia-Pacific version after The Amazing Race Asia, The Amazing Race Australia, The Amazing Race: China Rush and The Amazing Race Vietnam.

The Amazing Race Philippines is a reality television competition between eleven teams of two in a race around the Philippines. The race is divided into a number of legs wherein teams travel and complete various tasks to obtain clues to help them progress to a Pit Stop where they are given a chance to rest and recover before starting the next leg twelve hours later. The first team to arrive at a Pit Stop is often awarded a prize while the last team is normally eliminated from the race (except in non-elimination legs). The final leg of each race is run by the last three remaining teams, and the first to arrive at the final destination wins the ₱2 million cash prize.

Each team is composed of two individuals who have some type of relationship to each other. A total of 22 participants have joined The Amazing Race Philippines, some of which have been local celebrities.

Casts must be at least 21 years old, and must be a Filipino citizen or a permanent resident of the Philippines for at least two years.

Among the cast of the first season are Danielle Castaño, who represented the Philippines in the Miss World 2008 pageant; Raymund Vergara, a Mister Philippines 2003 World contestant; LJ Moreno, a former Pinoy Fear Factor contestant; Jervi Li and Saida Diola, former part of a Philippines noontime show Eat Bulaga; football players Armand and Anton del Rosario, and ABS-CBN reporter Angel Movido.

Route Markers are yellow and red flags that mark the places where teams must go. Most Route Markers are attached to the boxes that contain clue envelopes, but some may mark the place where the teams must go in order to complete tasks, or may be used to line a course that the teams must follow.

Clues are found throughout the competition in sealed envelopes, normally inside clue boxes. They give teams the information they need and tasks they need to do in order for them to progress.