[2] The effort was led by Al Boyle, president of the Charles Town Races, who named it after his family's ancestral home of Waterford, Ireland.

[3] The company's initial public offering was approved in February 1939, with the track expected to open the following September.

[5] In 1942, Boyle planned to begin construction of the track, but expected the grandstand to be delayed at least until 1943 by a steel shortage due to World War II.

Mountaineer was one of the busiest Thoroughbred courses in the country with as many as 217 racing dates scheduled in year 2012.

The Mountaineer live racing season had consisted of 4 to 5 nights per week, starting as early as March and ending as late as December.

Over the past decade, competition from surrounding states increased, and purses have reduced.

Mountaineer had previously been considered as a possible host for the 2009 Breeders' Cup, but it was awarded to Santa Anita.