The stadium was named after the Peruvian mestizo Inca Garcilaso de la Vega and inaugurated in 1958, with an initial capacity of 30,000.

This recognition is due to its well-maintained grass and its resistance to the sometimes aggressive and highly variable climate of the city of Cuzco.

The increase in spectator capacity came after CONMEBOL chose Peru to host the Copa América 2004, prompting the Peruvian government to invest in a five-million dollar renovation program for its stadia, including the Estadio Garcilaso de la Vega.

In 2013, the stadium was closed for a renovation where its capacity would increase to 50,000, have sun shades over its spectator seats, and have the supports covered.

[3] Due to a lack of budget, the initial plan was not implemented and renovation was alter for the stadium was instead given a new entrance, a few luxury boxes, new seating, and a more clean exterior.