In 1890, the descendants of the de Gatwick family sold the area to the newly established Gatwick Race Course Company. A farmhouse was built around 1890, with extensive stabling.
The first race meeting was on 7 October 1891. Its race distances were 5 furlongs to 2 miles flat and 2 miles to 4 miles 856 yards National Hunt. The Grand National was run there in 1916, 1917 and 1918, but its principal race was the Gatwick Cup.
A small airport was built at the southeastern edge of the property, with a circular terminal building called "The Beehive". There is a pub at nearby Tinsley Green called The Beehive.
After the Second World War, the stables and racecourse were used for training by, among others, Jack Holt. The surrounding land was farmed by George Gurton and subsequently by his elder son, (Eustace) Guy Gurton.
The Gurton family lived in the farmhouse until 1959 and farmed the area, using the land for mixed arable. Private trainers rented the stables and used the defunct course for training. In 1957, the racecourse was chosen as the site of the second major London airport, and the stables and house were demolished around 1960. A lodge house still remains on Povey Cross Road. The Gurton family emigrated to Australia in 1959. Many of Gurton's descendants still live in the surrounding Horley, Crawley and Charlwood areas. Some members of the family are buried at Charlwood Parish Church cemetery.
The airport obliterated the racecourse and left no evidence that it was there, but there is a Racecourse Restaurant in Gatwick Airport and also a WH Smith store which the business internally refer to as Winning Post due to its location in relation to the old race course. as well as both Racecourse Road and Furlong Way roads within the airport boundaries. The racecourse's bandstand was relocated to Queens Square in Crawley.
- Since 1974, the land that the racecourse once stood on has been in West Sussex. https://en.wikipedia.org/wiki/Timeline_of_Gatwick_Airport
- "Gatwick Airport History", Business & Community Reference Guide for in and around Crawley 2008/09, Wealden Marketing, 2008, p. 85
- Gatwick Racecourse on race day
- The Grand National at Gatwick