Located east of downtown and south of the Roosevelt Park Zoo, it was designed by Minot architect Ira Rush and built between 1935 and 1937 through the Federal Emergency Relief Administration.

The Minot Park Board began improvements on the ballpark in 1947, including a roof on the grandstand and field lights.

It was named after local dentist Victor Corbett, the president of the park board during that time.

The name "Mallards" was an entry submitted by Minot native Bonnie Rae Miller in a fan-naming contest, beating out "Kernels" and "Plainsmen".

The Minot Hot Tots of the Northwoods League will begin playing collegiate summer baseball at Corbett Field in 2023.