[8] The team won its first game in the new stadium on October 11, 2008, against Sun Belt Conference rival the Middle Tennessee State Blue Raiders, 31–21.

In 2017, the university agreed to a five-year deal to rename the stadium after Riccardo Silva, part owner of Miami FC.

The match against Major League Soccer team Inter Miami CF in the Third Round of the 2022 U.S. Open Cup drew 11,158 fans.

[9][13][10] The decision to rename the stadium was in recognition of the support given by Italian businessman Riccardo Silva to the FIU Department of Intercollegiate Athletics since 2015.

[14][15] Maluma returned to the stadium in April 2018 to record the video for the Spanish-language version of Jason Derulo's World Cup 2018 anthem for Coca-Cola.

[18] Designed by Rossetti Architects,[19] the stadium has a 6,500-square-foot (600 m2) Panther Club on the ground level, an upper concourse for additional fan seating and concessions, a jumbotron scoreboard, and 19 luxury suites.

The new surface, FieldTurf's Revolution 360, features fibers that provide for optimal durability, resilience and feel and is used by many of the country's biggest NFL and soccer teams.

FIU Stadium has also been enhanced by installation of a new videoboard, replacing the existing scoreboard, providing a huge boost to the fan experience at The Miami FC's soccer games.

Measuring approximately 31 by 59 feet (9.4 m × 18.0 m), the new videoboard will feature a 13HD pixel layout, the premier technology for outdoor applications within the sports industry.

[22] For students at the Biscayne Bay Campus, the Golden Panther Express offers direct bus service to FIU Stadium.