The official opening took place in January 1986 during an international ice speed skating competition.

Among the local skaters who grew up on the Piné oval are Roberto Sighel (first Italian winner of a world title) and Matteo Anesi (gold medal in team pursuit at the 2006 Winter Olympics in Turin).

As originally planned, the oval would be subject to a radical redevelopment that would have led to the construction of a total coverage of the oval, with capacity to accommodate up to 5,000 spectators (3,000 people on the permanent stands and 2,000 people in temporary seating).

However, in 2024 after cost overruns, the IOC and Organizing Committee decided to move the events to Fiera Milano in Rho.

The facility has an ice speed skating rink, known as Miola di Piné Oval, made of concrete with artificial refrigeration system (which can therefore be used both in winter and in summer with roller skates), consisting of two 113.58 metre long straight lines, connected by two 180° curves, and a total linear length of 400 metres.