The first bicycle racing at Mavisbank Park was on 15th July 1885, this was probably the first time there had been any bicycle racing in Airdrie and 2,000 people attended. The evening meeting was just for bicycles and there were two handicap races over two and five miles, both for local riders, there were seven competitors in both events. The meeting was very successful with several close finishes and the racing was watched "with wild excitement". There was a further athletics and bicycle race meeting on 22nd August 1885 with 1, 2 and 5 miles bicycle handicap races.
The following year at the track was quite busy, there was an evening meeting on 26th May and the football club held sports meetings on 7th and 14th August 1886 with 1 and 3 miles local handicap races and 1, 2 and 5 miles open handicaps. Airdrie Bicycle Club held their first meeting at the ground on 31st October 1886. This activity did not last and there were no more bicycle races at Mavisbank after 1886.
Mavisbank has a place in football history as the ground was where the first penalty was awarded during a match between Airdrieonians FC and local rivals, Royal Albert of Larkhall. The match took place on 6th June 1891, just five days after the penalty rule was introduced by the International Football Association.
Airdrieonians Football Club left Mavisbank and moved to Broomfield Park in 1892. Mavisbank Park still exists, but the site of the Airdrieonians FC's old ground has subsequently been developed for housing at John Smith Court, Mitchell Street.