Sport Club Rio Grande were founded on July 19, 1900, by the German Johannes Christian Moritz Minnemann and a group of friends, during the celebrations of his 25th anniversary.

The colours chosen were a red, green and yellow tricolor, directly taken from the flag of Rio Grande do Sul.

This match directly inspired the founding of Grêmio Foot-Ball Porto Alegrense, one of Brazil's largest clubs, in the same year.

While São Paulo's SPAC, Internacional, Germania and Mackenzie College, although created before the Rio Grande do Sul team, had already officially closed their football departments.

In 2022 the case was decided in favor of Rio Grande and Ponte Preta had to remove any mentions that it was "the oldest team in Brazil" and pay R$2 million in compensation.