The race was inaugurated in 1982 as the
Goodwood Handicap, run by the
Oak Tree Racing Association meeting at Santa Anita Park. It was created as a result of a partnership between Oak Tree and
Goodwood Racecourse in
Chichester,
England. The event was run at miles in 1982, 1983, 1984 and 1986. In 1985 the event was classified by the American Graded Stakes Committee as Grade III and was upgraded to Grade II status in 1990. Between 1996 and 2006 the
Breeders' Cup sponsored the event, which reflected in the race name. Awesome Again's son,
Game On Dude, won the race in 2011 and 2012. In 2024 the event was rebranded with other events on the card as the
California Crown Stakes, the main race of California Crown day, with a purse of $1 million. The following year track officials announced that California Crown day would be paused and, consequentially, the race would revert back to its original name as the
Goodwood Stakes. The purse for the 2025 Goodwood Stakes was decreased back to $300,000 ==Records==