The name comes from sister city Sausalito, California, who in turn renamed their main square for Viña del Mar in the 1960s.

In 1960, the stadium was practically destroyed by the Valdivia earthquake, but the rapid reconstruction financed by the municipality did that the ground was chosen as one of the venues to hold the 1962 World Cup hosting all the games of the Group C as well as one during the quarterfinals and semifinals respectively.

In 1991, Sausalito returned to international football, after appearing as one of the four venues in the Copa América of that year, alongside Santiago, Valparaíso and Concepción.

In January 2004, a new electronic scoreboard was installed in the stadium as part of the requirements for hosting the Pre-Olympic Tournament of that year.

[6] As one of the venues for the 1962 World Cup, the Estadio Sausalito hosted eight matches including the semi-final between Czechoslovakia and Yugoslavia.