It is the third-largest sports facility by seating capacity in the state of Missouri, behind The Dome at America's Center in St. Louis and Arrowhead Stadium in Kansas City.

Faurot Field serves as the host of Missouri State High School Activities Association (MSHSAA) football championships.

A paved path encircled the west, north and east sides of the field taking the place of the track, but was removed in 1994.

That first October game against Tulane was marred by rainstorms that washed out a bridge into Columbia coming from the western side of Missouri.

Therefore, a surface of sawdust and tree bark was used, and "the Tigers and Green Wave played to a scoreless, mudpie tie", in the words of sportswriter Bob Broeg.

This distinctive feature has not been immune to pranks, such as enterprising Nebraska or Kansas fans attempting to change the "M" to an "N" or a "K", but groundskeepers and students have in the past protected the landmark.

Nonetheless Mini-Mizzou member Cedric Lemmie suggested MIZ-ZOU as something that might work and the cheerleaders agreed to devise a plan to get it started.

[16] According to Jess Bushyhead, cheerleading varsity co-captain (1976–1978) the plan was implemented during the next home game against the North Carolina Tar Heels on October 2, 1976.

So during halftime, Bushyhead deployed the cheerleaders, megaphones and PA bullhorns in hand, to get up into the stands to instruct alumni, "When you hear 'MIZ!

This tepid start caught fire and by the end of 1976/77 football and basketball seasons, "MIZ-ZOU" had entered Missouri legend as the primal scream of Mizzou Pride.

In 1974, Athletic Director Mel Sheehan studied the possibility of lowering the field to add additional seats on each side closer to the sidelines, but the plan did not move forward due to a prevalence of bedrock just below the playing surface.

Six of the other seven conference schools switched to artificial turf in the early 1970s, and Iowa State followed suit in 1975 when the Cyclones' new Jack Trice Stadium opened.

"[23] On September 18, 1994, The Rolling Stones performed, during their Voodoo Lounge Tour, before 45,000 fans at Memorial Stadium in a concert that raised almost $100,000 for the conversion of the Omniturf surface back to natural grass.

As part of the installation of the new playing surface, grass-covered terraces were extended up from the field to the seating area, where they met a new low brick wall that was designed to give Memorial Stadium a traditional college ambiance.

[22] In 1996, four permanent light towers were installed, allowing Missouri to begin playing night games on a regular basis.

1997 brought a major renovation that included the installation of the Diamond Vision video board above the Rock "M" at the north end zone.

The $13.1 million 15-story tower was completed in August 2000, and it contained state-of-the-art facilities for the coaches and media, as well as several executive suites, hundreds of premium club seats and a restaurant.

In 2009, the university installed a new $5 million 30x80 foot north end zone scoreboard with updated video capabilities and new sound system.

When the Tigers entered Southeastern Conference play, the Faurot Field video scoreboard was the ninth largest in the SEC.

In 2012, Athletic Director Mike Alden announced a $1.5 million modification plan for Faurot Field in anticipation of increased game attendance in the SEC.

Changes to the stadium included a redesigned FieldTurf surface featuring a larger "Power Tiger" logo at midfield, SEC conference logos, black and gold "M-I-Z-Z-O-U" end zone diamonds to replace the previous white "M-I-S-S-O-U-R-I" diamonds, and gold trim surrounding the field.

[28] As part of the entry into the SEC, renovation plans were expanded to increase the current capacity by approximately 6,000 seats at a planned cost of $72 million:[29][30] In 2013, the west side press box complex was renovated, moving all press facilities to the sixth floor and converting the existing space to new premium suites.

[33] The Board of Curators gave final approval for the $250 million renovation on September 12, 2024, with the project set to begin on November 30, 2024, and be completed in time for the start of the 2026 football season, which will be the stadium's 100th anniversary.