Ideally positioned just eight kilometres south east of the city, Caulfield is situated close to the designated geographical centre of Melbourne. The new look at Caulfield Racecourse was unveiled in April 1996 when the course re-opened after being closed since the running of the 1995 Foster's Caulfield Cup.
After major reconstruction of the course proper, the track was widened to 30 metres around the entire circumference and the straight lengthened by 43 metres. The new racing surface has been cambered from the outside running rail with the crown of the track at the outside running rail. The banking on the turn into the home straight is 6 percent, while the other turns have an equivalent banking of 4 percent. The magnificent Rupert Clarke stand is glassed in for added comfort during winter and summer and offers uninterrupted viewing. Further to the major works in 1996, the Caulfield track was re-laid in 2005 immediately proceeding the Caulfield Cup Carnival and resumed racing for the Summer Classics Carnival, in February 2006.