Malmö Stadium was inaugurated on May 15, 1958. In the opening speech the stadium with its spectator capacity of 31 000 was mentioned as “…the by far the largest arena and also the most beautiful in this part of the country”. The athletic club MAI moved their competitions to the Stadium from the old athletic arena “Idrottsplatsen (Malmö IP)”.

Malmö Stadium is one of the strongest results of the dominating sport venture regarding building sport facilities, that happened during the 1950s. The architects were Fritz Jaenecke and Sten Samuelsson and was seen as an expression for elitism within sport, as the arena separated the athletes from the spectators in a complete new fashion. The closeness between the athletes and the spectators, as it was at Malmö IP that reflected the popular movement that was developed early in the century, did not exist in the arenas in this new era. The same architects also did the New Ullevi Stadium in Göteborg

Since the inauguration in 1958 the Stadium has been stage for many historical sport moments, mainly the world record in pole vault of 6.10 metres by Sergey Bubka in 1991. But it was also at Malmö Stadium that Carl Lewis did his first competition ever on European soil, only one week before the first World Championships in Athletics in Helsinki where Lewis won three gold medals. The Stadium has also been visited by stars like Florence Griffith-Joyner and Edwin Moses as wells as being the stage for music artists like Iron Maiden and Rod Stewart.

Malmö Stadium has also been host for several national matches, among those are the match between Sweden, Switzerland and France in 1978 and the very widely acclaimed selection match to the European Championship in Belgrade 1962 between the nations East- and West Germany.

The spectator record for the arena is 30 953 when Argentina met Germany at the football World Championships 1958.

First world record in Malmo stadium, by pole vaulter Sergey Bubka.

Pelé playing for Brazil at Malmö Stadium in an exhibition match against Malmö FF in 1960.