Diverse events such as donkey races and chasing a pig with a soaped tail were held.
The racecourse was owned by a private company, Northern Racing, which was the majority shareholder.
The most valuable race is the John Musker Fillies' Stakes, run over a mile and a quarter in September.
Since then Great Yarmouth winners included Ouija Board, who went on to win the English and Irish Oaks before scoring at the Breeders Cup, the annual international horse racing championships in the USA.
Wilko, Raven's Pass and Donativum were others that won at Great Yarmouth en route to future Breeders Cup glory.