The event is named after
Federico Tesio (1869–1954), one of the most successful horse breeders in the sport's history. The race was given Group 2 status in the 1970s. It was cut from 2,200 to 1,800 metres in 1985. It was relegated to Group 3 and restored to 2,200 metres in 1988. The Premio Federico Tesio was promoted back to Group 2 level in 2011. It was cut from 2,200 to 2,000 metres in 2020. After 2023, the race is contested at Group 3 level. ==Records==