The 1948 Grand National was the 102nd renewal of the world-famous Grand National horse race that took place at Aintree Racecourse near Liverpool, England, on 20 March 1948. The race was won by the mare Sheila's Cottage at odds of 66/1. The winning jockey was Arthur Thompson and Neville Crump trained the winner. The pairing of Thompson and Crump won the Grand National again in 1952. Sheila's Cottage became the first mare to win the National for 46 years, and only the 12th in the long history of the steeplechase.