The
Port Adelaide Racing Club began
thoroughbred racing at the course and in 1921 the club bought the site on which the course stands for £25,000. Administration of the course was taken over by the
South Australian Jockey Club in 1975. The racecourse was also once served by now-demolished
Cheltenham Racecourse railway station on the
Outer Harbor railway line. In November 2007, the SAJC sold the racecourse land for A$85 million for a new housing development. It was proposed that the proceeds of the sale be used to help fund the
Victoria Park Racecourse redevelopment. However, following the decision to abandon racing at Victoria Park, it was decided to use the money for further development at the
Morphettville Racecourse. On Saturday 21 February 2009 the last race meeting was held at the course before its official closure following the sale, and the area was redeveloped as part of the new suburb of
St Clair. ==Location and description==