[3][4] The CMHF has moved location six times over the course of its history due to difficulties garnering sponsorship and community support creating financial trouble, and has been housed at The Canadian Motorsport Heritage Museum, in Toronto's Downsview Park since 2010.
[1] Before that, Abrahamson and Magwood wrote to associations and senior Canadian motorsports clubs asking for nominees, with an eight or ten-person experienced journalist standing committee choosing the inductees.
[2][10] There are five main types of category of which inductees are placed into: Competitors, Motorsport Builders, Team Members, Significant Contributors and the Media.
[15] There was no induction in 2009 as a result of the economic constraints caused by the Great Recession in North America forcing the CMHF's board of directors opting to postpone the ceremony to the following year.
[17] Kay Petre became the first woman racing driver to be named an inductee in 1995,[18] and the two most recent women to be added to the CMHF were Nathalie Richard and Anne Roy in 2020.