Ascot is a famous British racecourse located in the town of ASCOT, Berkshire. It is one of the leading racecourses in the United Kingdom, hosting nine of Britain's 32 annual Group 1 horse races. ASCOT has been a popular venue for horse racing since 1711, when it was founded by Queen Anne. The most prestigious race held at ASCOT is the King George VI and Queen Elizabeth Stakes, which is held on the third Saturday in July each year.