賽馬•波爾圖•帕爾梅拉斯

On 5 December 2019, the Veracruz metro area was left without representation in Mexican football after the dissolution of Tiburones Rojos de Veracruz, a team that played in the Liga MX. Later, some clubs emerged seeking to fill the void left by the original team, such as Atlético Veracruz and Club Veracruzano de Fútbol Tiburón, however, both clubs failed in their attempt to attract fans from the city.

In March 2023, the Government of Veracruz began the reconstruction works of the Estadio Luis Pirata Fuente, with the aim of making it attractive to new investors interested in bringing a team to the city. Meanwhile, Porto Palmeiras, a local football school, began negotiations with the aim of getting a professional team for the city. In April 2023, it reached an agreement with Racing City Group, a Qatari conglomerate that has teams around the world.

On April 23, 2023, the agreement between Porto Palmeiras and Racing City Group was announced, the new team was called Racing Porto Palmeiras.

On June 30, 2023, the team was accepted into the Liga Premier - Serie A, being placed in Group 2. The club signed Héctor Jair Real as the first team manager.

The team played its first official match on August 12, 2023, in that game Racing defeated C.F. La Piedad by a score of 1–2, Fabrizio Díaz scored the first goal in the history of the Veracruz team.

On April 10, 2024, Racing Porto Palmeiras won its first official title by being champion of the Copa Conecta, a tournament that pits 32 teams from Liga Premier and Liga TDP. The team won the title after defeating Diablos Tesistán 0–2.