Formerly known as Arena 1, FMG Stadium is Arena Manawatu's main outdoor venue. Overlooking the Oval, the redeveloped Grandstand was completed in March 2005. The new Grandstand complements the highly regarded playing surface and has been the prime reason why Arena Manawatu has been so successful in recent years in securing a range of international and national sporting fixtures such as a match in the highly publicised British and Irish Lions 2005 tour. FMG Stadium was home to the first ever Super 12 Rugby match.
The Corporate Lounge built as part of the upgrade is extremely popular as a venue both during sports matches and also as a function venue in it's own right. With the ability to host up to 200 guests seated around tables and 360 degree views of the city and surrounding region this is certainly one of the city's more spectacular venues.