The stadium was nicknamed "Gasómetro" due to its exterior facade that reminded of a gas holder, very common at the time. It has a capacity of 75,000 spectators, being the largest stadium of Argentina until the construction of Estadio Presidente Juan Domingo Perón, home venue of Racing Club de Avellaneda, inaugurated in 1950. Racing's stadium had a capacity of 100,000 spectactors, then reduced to 66,000 in the 1990s. The stadium was one of the venues for the 1929 South American Championship.