An elite racing organization known as the Royal Western Turf Club owns the Mahalakshmi Racecourse. Viewed as one of the greatest racing circuits in Asia, the Mahalakshmi course got its start as a flat marshy racing area more than 100 years ago.

The most famous modern event at the racecourse is the Indian Derby, which takes place on the first Sunday of February each year. Primarily attended by India's high-class citizens, the Derby draws international attention. Outside of the racetrack, there are several upscale restaurants and bars that are open to the public.

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