Palacio Alcorta was originally a large test track that was converted into a housing complex in the neighborhood of Palermo Chico, Buenos Aires.
Mario Palanti, an Italian architect, designed the Palacio Alcorta in 1927.
The inside circle had its own test track outdoor vehicles, called "Stadium Olimpo".
The Palacio Alcorta was used for testing cars, and it had the capacity for three thousand people to be in it.
However, by 1990, the site was no longer used for testing cars and was taken over by a development company who converted it into apartments and offices.