Chepstow Racecourse is a thoroughbred horse racing course located just north of the town of Chepstow in Monmouthshire, Wales, near the southern end of the Wye Valley and close to the border with England. The track is a roughly oval circuit of just under 2 miles (3,200 m). It is a left-handed undulating course, used for both flat and jump racing. The finishing straight is about 5 furlongs (3,300 ft; 1,000 m) in length, with five fences on the chase course to be jumped. There is also a straight mile course.