In the 1950s Steering Wheel magazine described the town of Aspen as "the cradle of sports car racing in the Rocky Mountains." A mecca for enthusiasts, crowds traveled from long distances to
race there."

The first LeMans-style race through the unpaved streets of Aspen started in front of the Hotel Jerome in the summer of 1951. Yet as technology improved and the cars became faster, open-road racing became almost too exciting. Colorado Governor Edwin C. Johnson put an end to the fun in 1955, banning any racing on public roads.

Some Aspen locals couldn't imagine a summer without sports car races. They banded together to build the 1.1 mile track and on July 27, 1963 the first race was run. Represented that day were Formula Vee cars and Formula Juniors, along with Corvettes, a Cooper Junior, Maserati, Lancia, Lotus and Porsche. Critics pronounced the Aspen Raceways track fun and  demanding.  Attracting racing aficionados from around the world, it was second in Colorado only to now-defunct Continental Divide Raceways over the mountains in Castle Rock. The Sports Car Club of America has used the track, as have Porsche, Jaguar, Shelby, and Ferrari and Lotus clubs, Motorcycle groups,
car companies, and even bicycle racers.

In addition to offering Performance Driving and Winter Driving Days the track is home to the exclusive Aspen Racing and Racing Sports Car Club. The Club offers Memberships for the true Racing enthusiast with Weekly Racing, Unlimited Track use and events supported by a team of race engineers. Other Member benefits include include a GoKart Track with rental karts, an Enduro
track, Race Car storage and a Members Clubhouse. The Club Alumni includes many famous drivers and has also helped develop several current IMSA, SVRA, ALMS, PCA and SCCA competitors.