The Fredericksburg Agricultural Fair's website says it was established in 1738 and is the oldest fair in both Virginia and the United States. The range of entertainment has varied over the years, from Williamsburg comedians in 1752 to horse racing by the Fredericksburg Jockey Club in 1774, then hot air balloons in the 1880s. The fair has weathered interruptions with no events from 1881-1886 and during the Great Depression in the mid-1920s. It was revived in 1948 by a group of local farmers and the Jaycees, a non-profit community organization.