The Oakbank Racing Carnival is a two-day racing event held at Easter at Oakbank Racing Club in the Adelaide Hills.

For almost its entire history, the Oakbank Racing Carnival was the main event for jumps racing in South Australia. That suddenly changed when Racing SA made the call to halt jumps racing in the state, which left some fearing that the carnival, which has been running since the 1870s, would die.

The carnival has instead been reinvented as a two-day flat racing carnival, much to the protest and disapproval of many members and guests, who believe jumps racing is what made Oakbank special.