[3][4][5][6][7] Opened in December 2021, it hosted the 2022 European Men's Handball Championship.

In June 2018, when Hungary and Slovakia were awarded the right to host the 2022 European Men's Handball Championship, László Papp Budapest Sports Arena was still the chosen venue in Budapest.

By June 2020, the 8 staircases were roughly completed and the construction of the grandstand structure began.

In January 2021, ticket sales for the 2022 European Handball Championship started.

The event concluded with a Punnany Massif concert and a 2×15 minute Hungary-Hungary gala match featuring some of the biggest names of recent history.