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High Si contents in nodular cast irons lead to a significant volume fraction of retained austenite in the material after the austempering treatment. In the present work, the influence of the amount and morphology of this phase on the mechanical properties (proof stress, ultimate tensile strength (UTS), elongation, and toughness) has been analyzed for different austempering conditions. After 300 ЊC isothermal treatments at intermediate times, the austenite is plastically stable at room temperature and contributes, together with the bainitic ferrite, to the proof stress and the toughness of the material. For austenite volume fractions higher than 25 pct, the proof stress is controlled by this phase and the toughness depends mainly on the stability of ␥. In these conditions (370 ЊC and 410 ЊC treatments), the present material exhibits a transformation-induced plasticity (TRIP) effect, which leads to an improvement in ductility. It is shown that the strain level necessary to initiate the martensitic transformation induced by deformation depends on the carbon content of the austenite. The martensite formed under TRIP conditions can be of two different types: ''autotempered'' plate martensite, which forms at room temperature from an austenite with a quasi-coherent epsilon carbide precipitation, and lath martensite nucleated at twin boundaries and twin intersections.

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