Construction began based on plans by the architect Alois Dryák, on a wooden stadium in 1926, which was replaced by concrete grandstands in 1932.

The original stadium dates from the First Republic between the World Wars and served as a venue for popular Sokol displays of massive synchronized gymnastics.

Both of these displays were attended by Czechoslovak President T. G. Masaryk, who had been a member of Sokol since he was thirteen, on his horse Hektor.

On September 28, 1945, a crowd of 40,000 watched soldier-athletes of the 94th Infantry Division defeat a team from the XXII Corps, by a score of 6–0.

The first motor sport event after the end of the World War II was held at the stadium on 2 September 1945.

Some of the most popular shows were those of young well-trained recruits who wore only boxer shorts while on the display or women dancing in miniskirts.

The groups of volunteer gymnasts (unlike the soldiers, who were ordered to practice and participate) were put together from top level local athletic association members who regularly trained for the show throughout the year prior to the event.

However, the next Sokol venues took place on the smaller stadiums (Stadion Evžena Rošického and Eden Arena).

In 1990, Great Strahov Stadium hosted British classic rock group, The Rolling Stones.

There are plans to convert the extremely large Great Strahov stadium complex into a commercial zone complete with hotels, restaurants and shops.