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Concept
Newmarket, Suffolk
Summary
Newmarket is a market town and civil parish in the West Suffolk district of Suffolk, England. Located (14 miles) west of Bury St Edmunds and (14 miles) northeast of Cambridge. It is considered the birthplace and global centre of thoroughbred horse racing. It is a major local business cluster, with annual investment rivalling that of the Cambridge Science Park, the other major cluster in the region. It is the largest racehorse training centre in Britain, the largest racehorse breeding centre in the country, home to most major British horseracing institutions, and a key global centre for horse health. Two Classic races, and an additional three British Champions Series races are held at Newmarket every year. The town has had close royal connections since the time of James I, who built a palace there, and was also a base for Charles I, Charles II, and most monarchs since. Elizabeth II visited the town often to see her horses in training.
Newmarket has over fifty horse training stables, two large racetracks, the Rowley Mile and the July Course, and one of the most extensive and prestigious horse training grounds in the world. The town is home to over 3,500 racehorses, and it is estimated that one in every three local jobs is related to horse racing. Palace House, the National Heritage Centre for Horseracing and Sporting Art, the National Horseracing Museum, Tattersalls racehorse auctioneers, and two of the world's foremost equine hospitals for horse health, are in the town, which is surrounded by over sixty horse breeding studs. On account of its leading position in the multibillion-pound horse racing and breeding industry, it is also a major export centre.
Newmarket's name was first recorded in Latin as novo mercato in 1219 (according to The National Archives, Feet of Fines CP25/1/23/9). The Novum Forum c.1200 recorded in many place-name dictionaries such as that by Mills, is an error; this was actually the surname de novo foro of a man from Yorkshire who had no connection to Newmarket.
Official source
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