A Grade I race since 1988, in 2003 The American Graded Stakes Committee of the Thoroughbred Owners and Breeders Association amended its status to a Grade II event. Beginning in 2010 it is now a Grade IIIT.
Of note, is that Hall of FamejockeyBill Shoemaker, who retired from riding in 1990, earned his first Grade I win as a trainer in the 1991 edition of the Beverly Hills Handicap with the filly, Alcando.
Since the inaugural running in 1968, the Beverly Hills Handicap has been contested at various distances: