The club plays at the Franz Horr Stadium, known as the Generali Arena since a 2010 naming rights deal with an Italian insurance company.

The club was renamed Wiener Amateur-SV in December of that year and adopted the name Fußballklub Austria Wien on 28 November 1926.

The 1930s, one of Austria Wien's most successful eras, brought two titles (1933 and 1936) in the Mitropa Cup, a tournament for champions in Central Europe.

[2] While Jewish players and staff at the club were killed or fled the country, Sindelar died under unresolved circumstances on 23 January 1939 of carbon monoxide poisoning in his apartment.

He had refused to play for the combined Germany–Austria national team, citing injury (bad knees) and retirement from international matches.

Nazi sports authorities directed that the team change its name to Sportclub Ostmark Wien in an attempt to Germanize it on 12 April 1938, but the club re-adopted its historical identity almost immediately on 14 July 1938.

The following season, the club reached the semi-finals of the European Cup, losing 1–0 on aggregate to Swedish team Malmö FF.

[5] Players at Austria Wien in this era included Herbert "Schneckerl" Prohaska, Felix Gasselich, Thomas Parits, Walter Schachner, Gerhard Steinkogler, Toni Polster, Peter Stöger, Ivica Vastić and Tibor Nyilasi.

Stronach's investment in players, with a budget three times larger than the average in the league, saw a first Bundesliga title for ten years in 2002–03.

Consequently, several players (including top scorer Roland Linz, Vladimír Janočko, Joey Didulica, Libor Sionko, Filip Šebo and Sigurd Rushfeldt) were sold to other teams the following summer.

After the side lost three days later 4–0 away to Red Bull Salzburg, Partis terminated coaches Peter Stöger and Frank Schinkels.

Twelve players left the club, including Sanel Kuljić and Yüksel Sariyar, who joined Frank Stronach's newly founded team FC Magna in Austria's second division.

In the 2012–13 season, Austria Wien won its 24th league title, ahead of holders Red Bull Salzburg, but lost the Austrian Cup final 1–0 to third-tier club FC Pasching.

[6] In August 2013, Austria Wien qualified to the UEFA Champions League group stage for the first time after defeating Dinamo Zagreb in the play-offs round.

[9] The stadium was originally built in 1925 for Slovan Vienna, a Czech immigrants' club, and was largely destroyed by the Allies in World War II.

Austria Wien is seen as a middle-class club, and before World War II, as part of the coffeehouse culture associated with the capital's intelligentsia.