We may not have the newest fairgrounds here in Arizona, but we do have plenty of history behind our west Phoenix locale. The story of the fairgrounds goes way back to the time before statehood in 1912, when a group of volunteers created the Arizona Territorial Fair Association in 1905, bought the current property and developed it. Today at the Arizona State Fairgrounds you'll find a racetrack and the 14,870-seat multipurpose indoor arena, Arizona Veterans Memorial Coliseum. The saddle-shaped building was constructed between 1964 and 1965 and hosts concerts and sporting events throughout the year. The fairgrounds also hosts the Arizona State Fair every fall as well as the Maricopa County Fair. The Arizona State Fair is considered one of the top five state fairs in the country and draws well over a million attendees each year.