The race track named "Raceland" was known as the "Million Dollar Oval."
A record crowd of 27,000 packed the grandstand for the inaugural Raceland Derby in 1924. That race featured Ky. Derby winner "Black Gold" and four other Run for the Roses entrants.
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Town's name was changed from Chinnville to Raceland ca. 1924. The track's 350- acre complex, complete with 22 stables, a rail spur, and its own jail was built by J.O. Keene, who later built Keeneland in Lexington. Last season of racing was 1928. Track was sold and torn down in 1937.