During the 1975 army reform the 31st Tank Regiment was disbanded on 20 October 1975 and its I Tank Battalion became the 1st Tank Battalion "M.O. Cracco", while its II Tank Battalion became the 101st Tank Battalion "M.O. Zappalà", and its XXVIII Bersaglieri Battalion became the 28th Bersaglieri Battalion "Oslavia". The war flag and traditions of the disbanded regiment were assigned to the 1st Tank Battalion "M.O. Cracco", whose number commemorated the I Tank Battalion "L", which had served with the regiment in the Greco-Italian War and the Axis Invasion of Yugoslavia. Tank and armored battalions created during the 1975 army reform were all named for officers, soldiers and partisans, who were posthumously awarded Italy's highest military honor the Gold Medal of Military Valour during World War II. The 1st Tank Battalion's name commemorated 31st Tank Infantry Regiment Corporal Giovanni Cracco, who had distinguished himself during the Tunisian campaign and was killed in action on 11 April 1943. Equipped with Leopard 1A2 main battle tanks the battalion joined the 31st Armored Brigade "Curtatone", which in 1986 was renamed Armored Brigade "Centauro".