Estadio Campeón del Siglo is a football stadium located in Bañados de Carrasco, Montevideo, Uruguay, and the home ground of Peñarol, who plays in the First Division.

Half a century later, in 1998, the club announced plans, presenting a real life model, of a stadium to be built in the Franklin D. Roosevelt park near Avenida Gianattassio, in Canelones.

On the successive years, under the command of club president José Pedro Damiani, continuous projects were presented, which all planned for a 40 thousand seat stadium.

It was shaped similarly to Peñarol's then local stadium, Estadio Centenario, and its stands were to be named in honour of the club's greatest glories, such as, for example Obdulio Varela, Juan Schiaffino, Fernando Morena, Pablo Bengoechea, Diego Aguirre, Alberto Spencer and Ladislao Mazurkiewicz.

Another usufruct was then planned, this time involving Estadio Centenario, over a deal with Uruguays football association (AUF), the Stadium Official Administrators (CAFO) and the municipal government.

[4] In September 2012, club president Juan Pedro Damiani presented plans to build a 40,005 people stadium on the outskirts of Montevideo, near recently completed route 102.

It would comply with all FIFA standards and regulations, having a 105 x 68 metres football pitch, a high-technology digital scoreboard, conference rooms for up to 70 people, 107 executive boxes, plus the club's headquarters and museum would be moved to the new stadium.

According to initial planning, an important show was meant to take place was on March 27, 2016, with about four-thousand artists and popular ex-footballers invited, such as Jorge Drexler, Fito Páez, Illya Kuryaki and the Valderramas, Néstor Gonçalves, Fernando Morena, Walter Olivera, and also the presence of Uruguayan president Tabaré Vázquez.

[13] The stadium was inaugurated on March 28, 2016, with a friendly match against then current Copa Libertadores champions Club Atlético River Plate from Argentina.

[15] On May 26, 1938 Club Atlético River Plate inaugurated their stadium Estadio Monumental Antonio Vespucio Liberti against Peñarol, which the locals won by 3–1.

An approximately 2 hour-and-a-half-long show was held on March 30, 2016, divided into 4 particular segments about the club's history, which involved a cuerda de tambores of about 200 musicians, special presence of club legends such as Fernando Morena or Pablo Bengoechea, an open-air act about the club's history described as a modern opera, giant mobile structures akin to football players, music acts by Jorge Drexler -who wrote a song for the occasion, named ´La vida entera´[16]- Hugo Fattoruso, Fito Paéz, Mandrake Wolf and others; and a final closure with the presence of all of the academy players following a choreography accompanied by 3-D mapped projections on the pitch.

[19] With a total capacity of 43,000 spectators,[20] the stadium is divided in the Frank Henderson (North and Main), Washington Cataldi (West), José Pedro Damiani (South), and Gastón Güelfi (East) stands, named after notable club presidents.

[21][22] Capacity: 12.200 seated Named after founder and first club president Frank Henderson,[22] it is a two-storied all-seater stand that runs along the north edge of the pitch, in addition to three rows of boxes, destinated to VIPs, invitees, executive and familiar uses.