| Grand National | |
| Location | Aintree |
|---|---|
| Date | 2 March 1842 |
| Winning horse | Gaylad |
| Starting price | 7/1 |
| Jockey |  Tom Olliver |
| Trainer | George Dockeray |
| Owner | John Elmore |
| Conditions | Good to soft |
The 1842 Grand Liverpool Steeplechase was the fourth official annual running of a steeplechase, later to become known as the Grand National Steeplechase, a horse race which took place at Aintree Racecourse near Liverpool on 2 March 1842 and attracted 15 runners.
Although recorded by the press at the time as the seventh running of the Grand Liverpool, which was renamed the Grand National in 1847, the first three runnings were poorly organised affairs and are today regarded as unofficial.
The race was not run as a handicap chase and therefore all the runners were declared to carry 12 stone with the exception of the winner of the 1840 Cheltenham Steeplechase who had to carry 13 stone 4 lbs.