Racing Town is a term used to describe towns that are known for their horse racing events. Two of the most famous Racing Towns are ASCOT and Newmarket. ASCOT is a small town in Berkshire, England, which is home to the world-famous ASCOT Racecourse. Newmarket is a town in Suffolk, England, and is known as the birthplace of thoroughbred horse racing. It is home to two racecourses, the Rowley Mile and the July Course.