It is the home rink to ice hockey team EHC Red Bull Munich and home court to basketball team Bayern Munich.

Plans for a new indoor arena arose primarily from the wish for a new home arena for the ice hockey team EHC Red Bull Munich who were playing at the Olympia Eishalle which was opened five years prior to the 1972 Olympic Games.

In December 2014, the city council of Munich announced bidding for the new arena, to be built at the location of the Radstadion.

The foundation stone was laid on 23 February 2021, but without guests and visitors due to the COVID-19 pandemic.

[10] Former Red Bull player, current Sabres player, and Munich native JJ Peterka led the teams onto the ice and was given a solo lap, and Peterka scored the fifth goal for the Sabres, receiving an ovation as well as chants postgame.