Rebuilt by the architects Jacques d'Welles and Raoul Jourde in an Art déco style, it opened on 12 June 1938 and was the first stadium in the world to have stands entirely covered without any pillars obstructing visibility of the playing area.

Classified as a historic building, its restoration has been difficult, as its roof does not cover seats built after 1984 on the old cycle track.

A record 40,211 spectators were in attendance on 24 April 1985 to watch a match between Girondins de Bordeaux and Juventus.

In preparation for several matches that were held here for the 2007 Rugby World Cup, two giant television screens measuring 37 m2 were installed.

On 19 July 2011, FC Girondins de Bordeaux announced plans to construct a new stadium, located in Bordeaux-Lac, with seating capacity of 42,115 for sporting events.