Down Royal Racecourse is a horse racing venue near Lisburn in Northern Ireland. The most valuable race run there is the Ladbrokes Champion Chase, run at the Northern Ireland Festival of racing in November. The most valuable flat race to be run there annually is the Ulster Derby.Racing has beentaking place on the current course, at Maze near Lisburn, since, the early 18thCentury on land donated by Arthur Hill, 1st Marquess of Downshire, but thehistory of Down Royal goes further back to 1685 when King James II issued aRoyal Charter and formed the Down Royal Corporation of Horse Breeders.