Daily News & Analysis | Mahalaxmi racecourse gallops into uncertainty Times of India MUMBAI: When the Mahalaxmi racecourse was set up in 1883, Victoria Terminus was still five years away from being completed and the Gateway of India wouldn't welcome seafarers for another 41 years. In fact, few structures that we today associate with ... Place your bet on the fate of Mahalaxmi Racecourse |