The track is rectangular, with a circumference of 1805 m and a finishing straight of 173 m which is the shortest in Australia. The track is constructed of the StrathAyr Turf System, having a lower layer of sand and an upper rootzone layer reinforced with mesh elements. Racing takes place in an anti-clockwise direction, as it does on all Victorian tracks. A 965 m harness racing track located inside the turf track is the main metropolitan track for harness racing in Victoria.
Moonee Valley Racecourse hosts Australasia's weight-for-age horse-racing championship, the W.S. Cox Plate in late October. The race is run over a distance of 2040 metres, and is open to three-year-olds and over.
The Moonee Valley grandstands have 12 function rooms, which on non-racedays, can cater for up to 1200 people.
Group races run at Moonee Valley Racecourse include:
|1||W S Cox Plate||3YO+||Open||wfa||2040||October|
|1||William Reid Stakes/Australia Stakes||Open||Open||wfa||1200||March|
|2||Alister Clark Stakes||3YO||Open||sw||1600||March|
|2||A J Moir Stakes/Schweppes Stakes||Open||Open||wfa||1000||October|
|2||Jayco Crystal Mile||Open||Open||hcp||1600||October|
|2||Dato Tan Chin Nam Stakes||Open||Open||wfa||1600||September|
|2||Cathay Pacific Gold Cup||3YO+||Open||sw+p||2500||October|
|2||Bill Stutt Stakes||3YO||Open||sw||1600||September|
|2||Norman Carlyon Stakes||3YO+||Open||wfa||1200||January|
|2||W H Stocks Stakes||4YO+||Mares||wfa||1600||September|
|3||Ian McEwen Trophy||Open||Open||wfa||1000||August|
|3||City Pacific Finance Stakes||3YO||Open||sw+p||1200||September|