The stadium was built in 1963 with a 398 metres (1,306 ft) long speedway track.[3] The first speedway event took place on 9 June 1963 in front of 10,000 spectators.[4]
The speedway club AMTK Ljubljana underwent a long legal dispute with the City Municipality of Ljubljana over the ownership of the site. AMTK had not registered as the owner of the land in the mortgage registry, as a result of which they had to sign a lease agreement for the use of the facility. The Federation of Ilirija Sports Associations eventually became the owner of the venue, and in May 2020 the speedway club was expelled following the expiry of the lease.[3][4]