Three years later they changed to their current name (which came from the fact that their ground is by Warwick Racecourse) and soon afterwards switched to the Midland Football Combination, where they were champions in 1988 and runners-up in 1989.

After the latter honour they gained promotion to the Southern League where they remained until 2003 when they finished bottom of the Western Division and dropped into the Midland Football Alliance.

At the start of the 2016–17 season the club began huge infrastructure renovations following the arrival of local businessman Chairman Gary Vella and the new committee members the previous year, including new changing rooms, floodlighting, stands and artificial training area.

Racing Club Warwick made it to the final of the 2023-24 Birmingham Senior Cup before losing 9-0 against Aston Villa U21.

Note: Flags indicate national team as defined under FIFA eligibility rules; some limited exceptions apply.