The Main event featured a Six-man "Lucha Libre rules" tag team match between the teams of Perro Aguayo, Octagón and El Cobarde II and El Texano, Perro Aguayo Jr. and Sangre Chicana.

In the semi-main event Heavy Metal and El Felino defended the hair of their father, referee Pepe "Tropi" Casas while Kick Boxer and Thai Boxer defended the hair of referee El Tirantes.

In early 1992 Antonio Peña was working as a booker and storyline writer for Consejo Mundial de Lucha Libre (CMLL), Mexico's largest and the world's oldest wrestling promotion, and was frustrated by CMLL's very conservative approach to lucha libre.

The Triplemanía VII show featured six professional wrestling matches with different wrestlers involved in pre-existing scripted feuds, plots and storylines.

Wrestlers were portrayed as either heels (referred to as rudos in Mexico, those that portray the "bad guys") or faces (técnicos in Mexico, the "good guy" characters) as they followed a series of tension-building events, which culminated in a wrestling match or series of matches.