The origins of the stadium can be traced back to two professional gamblers who had made their money in stocks and shares. They decided to invest in a new venue at Yarmouth. The stadium was built on a field alongside a flapping track, which ran unlicensed and unregulated horse races and grass track speedway. Building work commenced in 1939, and the place was up and running for the grand opening on the 11 May 1940. On this particular day Germany invaded Belgium and the Netherlands resulting in Yarmouth being evacuated. The meeting still went ahead however, followed by weekly events until closure was necessary owing to the staff being called up for war service.
It reopened in 1946 and was run by the Norfolk Greyhound Racing Company. The adjacent field containing the flapping track was redeveloped and eventually became a heliport to service the gas platforms in the North Sea.
Speedway arrived in 1948 running until 1961. The team was known as the “Yarmouth Bloaters”, owing to the towns connection with the fishing industry.
In 1963 Spedeworth brought stock car racing to the venue.
1969 saw a new 3000 seater raceview grandstand and restaurant opened.
In 1987 the track had a totalisator turnover of £1,000,000. In those days there were 3 meetings a week for the stock cars, a Sunday market, bingo nights and an amusement arcade for the kids.
F1 stock car racing returned for a one-off meeting in 2004, as part of the 50th Anniversary Tour.
