The old tote building offered a good solution, although it is in a state of disrepair and needs a fund injection, particularly for roof repairs.
Ms Wright set up the Greenheart Hub Trust to take on the project, which has 13 trustees and five volunteers, and they are planning the fundraising event in the hopes of starting building repairs.
The event, to be held at the racecourse, will feature a garage sale, as well as an auction of furniture and art and a pre-loved fashion show.
Food and drinks will be on offer, with a Thai food truck on site, along with espresso coffee to keep punters' energy levels up.
Ms Wright said there would also be "fun, games and entertainment".
Cars can drive into the grounds to park, with a gold coin donation per car asked for.
The art hub has already received a Foxton Promotions grant which helped with some initial clean-up and repair of the tote building, and with proceeds from the fundraising event will help take things further.
She said the old tote building stood out as the perfect location because of its generous space, tranquil environment, great natural light and huge amount of charm.
"I feel the Foxton racecourse is a significant part of Foxton's heritage. It needs restoration," she said.
"I'm overwhelmed with the level of interest, excitement and support I have received already for this community project."
Ms Wright said the Trust was welcoming donations for the garage sale, with pick up available, or expressions of interest for sponsorship.
Contact 027 600 8638.
¦ Greenheart Hub Trust Garage Sale and Auction Charity Fundraiser, Saturday 9 June, Foxton Racecourse (highway entrance), 9am to 3pm (auction at 1pm.) Gold coin donation per car.