The racecourse was constructed abutting the existing Great Stables (French:Grandes Écuries), built in 1719 by estate owner, Louis Henri, Duc de Bourbon, Prince of Condé.

Designed by the architect Jean Aubert, the stable is a remarkable 186 metres in length.

In July 2006, the museum was acquired by the Foundation for the Safe-keeping and Development of the Chantilly Domain, presided over by the Aga Khan IV.

It was used as the venue for the racecourse scene in the 1985 James Bond film A View to a Kill, in which racehorses owned by villainous industrialist Max Zorin (Christopher Walken) competed.

The move from Longchamp was necessitated by ongoing renovation work; the race returned to its historical home in 2018.