[1] The stadium was opened on 1 September 1946 with a match between UTA Arad - Ciocanul București 1–0.

It is named after a local Jewish aristocrat, Francisc von Neumann, a baron who owned several businesses in Arad and who personally sponsored the construction of the stadium and the founding of the team.

[2] In 2006, the stadium went through a major overhaul, when the municipality invested over 700.000 euro for new seats (dropping its capacity from approximately 10.000 on benches), main stand structural repairs, new cloakrooms, an anti-doping control room, an emergency medical room, a VIP sector, new multimedia sector and a new sound system.

[3] In 2008, a 1400 lux density floodlight system was installed as well as a new electronic scoreboard.

[4] In 2010, the municipality presented plans for a new 12.700 capacity all-seater stadium to be built on the exact site of this arena.