PalaLido originally opened in 1961. On June 17, 1980,
Devo performed at the arena during their
Freedom of Choice tour. The show was originally planned to happen at the
Velodromo Vigorelli, but due to rain, it was moved to the Palalido. The arena was once used as the home arena of the
top-tier level Italian League basketball club
Olimpia Milano. In 2005, the arena's seating capacity was increased from 3,500 to 3,800. In 2011, a rebuild of the arena began. Finally, in 2019, the arena was reopened, with a new seating capacity of 5,420. Currently, the arena is the home arena of
Power Volley Milano which plays in the highest level of
Italian Volleyball League. Since 2019 this facility has been hosting the tennis tournament
Next Generation ATP Finals. == Wrestling and Combat Sports ==