Speedway racing had taken place at the Granville Showgrounds during the 1930s with races using the existing ½-mile
harness racing track. However, with speedway already established at the
Sydney Showground Speedway and
Sydney Sports Ground, as well as racing at the nearby
Cumberland Oval, racing at Granville was short-lived. The new clay surfaced oval was the brainchild of former Sydney driver Sid Hopping, who wanted to give Sydney a track purpose-built for the new, faster breed of American-style
sprintcars. Sydney's two other tracks at the time, the Showground and the
Liverpool Speedway, did run sprintcars, though the Showground was deemed too narrow while Liverpool had changed from dirt to bitumen in 1974, which suited the sedans, but not so much the Super Modifieds (later to become sprintcars) and
Speedcars. The clay track at the Granville Showgrounds was laid out and first practices took place in January 1977 to test out the track. Hopping and his partner Bert Wilder ran meetings on Friday nights so as not to compete with the Showground or Liverpool, which raced on Saturday nights. From its opening, the new speedway became known as the premier sprintcar track in Australia, a title it still enjoys . With its wide open spaces (the track itself has no actual safety fence, with the old trotting track forming a barrier between the track and the outside safety fence) and short straights, Parramatta City Raceway was home to some of the country's best drivers, including multiple
Australian Champions Garry Rush, George and Brooke Tatnell, Bob Tunks, and Skip Jackson, as well as other top drivers including Bob "The Streak" Blacklaw, former motocross star Stephen Gall. and John Walsh. Since its opening, the speedway has hosted the Australian Sprintcar Championship on six occasions (1978, 1992, 1997, 2002, 2008, 2017), as well as the
Australian Speedcar Championship (1988, 1994, 2006) and the
Australian Super Sedan Championship (2003). It also hosted rounds of David Tapp's
Australian Speedway Masters Series for
Solos (in a rare visit to the track) and in 2004 became the first speedway outside of North or Central America to host the famed
World of Outlaws sprintcar series, which featured some of America's best taking on the locals. The winner of the event was Outlaws 'King' and regular visitor to both Australia and Parramatta,
Steve Kinser. The event eventually forced local sprintcar authorities to consider switching from a 372 ci engine formula to the more familiar 410ci formula used by sprintcars elsewhere.
Valvoline Raceway has also been the venue for the
Australian Sprintcar Grand Prix since its inception in 1979 as well as hosting the
Australian Speedcar Grand Prix in 1997, 1998, 2001 and 2011. In 2015, the track hosted the Speed Energy Formula Off-Road truck racing series, popularly known as the
Stadium Super Trucks, as a support event for the
Ultimate Sprintcar Championship;
Sheldon Creed went on to win the first (and only) Formula Off-Road race held at Valvoline Raceway. Wayne Fisher set the very first one-lap record on 9 December 1977 with a time of 16.70 seconds. On 1 April 2017, Sammy Walsh set the current the one-lap record with an 11.500. == Closure and Sydney II ==