National Horseracing Museum
The National Horseracing Museum is a museum in Newmarket dedicated to the history of horseracing. It covers a 5-acre site on Palace Street in the centre of the town, having previously been housed in the Jockey Club Rooms on Newmarket High Street. Together with the British Sporting Art Trust and Retraining of Racehorses, it is part of the National Heritage Centre for Horseracing & Sporting Art and was opened by Elizabeth II in 2016. The site includes Palace House, which is all that remains of Newmarket Palace.
History
When the Subscription Rooms of the Jockey Club closed in 1981, Jockey Club handicapper Major David Swannell decided it would be the ideal place to set up a national horseracing museum. The museum was opened on 30 April 1983 by Elizabeth II. A statue of 1933 Epsom Derby winner Hyperion stood in the entrance to the museum on Newmarket High Street.In 2016 the National Horseracing Museum, together with the British Sporting Art Trust and Retraining of Racehorses, moved to their current premises in Palace Street. The three charities combined to form the National Heritage Centre for Horseracing & Sporting Art, which was opened by Elizabeth II on 3 November 2016.
The Palace Street premises occupy the site of the Newmarket palace and stables of Charles II. Only Palace House remains of the original palace, the rest having been demolished after Queen Victoria sold the property to Mayer Amschel de Rothschild in 1857. The stables of Charles II on the opposite side of Palace Street were also demolished to make way for the Trainer's House and new stables called the King's Yard Stables. In 1874 the property was inherited by Leopold de Rothschild, who in 1903 built the Rothschild Yard and Stables adjacent to the King's Yard Stables. During World War II Palace House was used to house Jewish refugees. The Palace House estate remained in the hands of the Rothschild family until 1985, when it was sold by Leopold's grandson Sir Evelyn de Rothschild.
The new owners let the buildings fall into disrepair, and in 1992 Forest Heath District Council acquired the estate with a compulsory purchase order. Palace House was restored with support from the National Lottery Heritage Fund and English Heritage and was used as a civic building.
In 2005 Forest Heath District Council and the National Horseracing Museum set up the Home of Horseracing Trust to raise funds for the new centre at Palace Street. The Trust was wound up in 2020 after the completion of the project, with the new museum having opened in 2016. In May 2024, Queen Camilla became patron of the museum, succeeding Queen Elizabeth II.