The Singapore Turf Club was founded in 1842 as the Singapore Sporting Club to operate the Serangoon Road Race Course at Farrer Park. It is today the only horse-racing club in Singapore and is part of the Malayan Racing Association (MRA), which also regulates the three Turf Clubs in Malaysia, the Selangor Turf Club, Penang Turf Club and Perak Turf Club. The Singapore Turf Club is the only authorised operator of horse racing, and totalisator (horse betting) services in Singapore. It is the agent and proprietary club of the Tote Board, Singapore, who manages and directs its donation of surplus funds for charitable purposes. The first race was held on 23 February 1843 when prize money on offer was only $150. In 1924, the Club changed its name to the Singapore Turf Club. This was done to reflect its role as a horse racing club more accurately. The Club moved to Bukit Timah in 1933 before relocating to its present location at the Singapore Racecourse at Kranji in 1999. The racecourse is adjacent to Kranji MRT Station.
Racing is staged all year round on almost every Friday and Sunday. Most of the 100-odd race meetings are restricted to locally trained horses, except for the two International races in May, the Singapore Airlines International Cup and the KrisFlyer International Sprint, and certain cross-border races open to Malaysian-based horses.
Since there is no breeding industry in Singapore, all its thoroughbred bloodstock is imported from overseas, primarily from Australia and New Zealand, while a minority comes from other countries like Japan, England, Ireland, France, South Africa, America and Germany.