The club was founded by Carlo Antonetti in 1973 under the name AICS (Association of Italian Culture and Sports) Teramo.

After several championships played at regional level and successful youth teams, in the 1992-93 season Teramo Basket finally accomplished its first promotion to the national championship series C1.

It ranked #3 in 2009 Italian league enabling the team to play the Eurocup in 2010.

Due to a heavy situation of bankruptcy the team folded in July 2012 and disappeared from any basketball league.

Teramo Basket had been an important launch pad for both Italian and American players such as Clay Tucker and Jaycee Carroll.