A Melbourne nightclub has apologised after the promotional material for an event this coming Friday sparked a wave of backlash for being racist in the wake of the coronavirus outbreak.

Pawn & Co, located in suburb Prahran which is approximately 5 kilometres south-east of Melbournes city centre, was set to be the location of an event advertised as a Corona Chinese New Year Special.

Marketing material issued by the events promoter, Mr Chans, told customers that they could pay $8 for a Limited Edition Face Mask and Corona-branded beer.