Neo QuÃmica Arena, formerly known as Arena Corinthians, is a football stadium located in the Itaquera district in the East Zone of São Paulo, Brazil. Owned by Sport Club Corinthians Paulista, it has a capacity of 48,905 seats, making it the 11th largest stadium in Brazil. The Ministry of Sport launched the Brazilian Stadium Classification System (Sisbrace), which aims to improve comfort, safety, accessibility, and sanitary conditions in the country's stadiums; Arena Corinthians received the highest rating—five balls—and also won the award for the country's best architectural project in 2011.
The arena was officially inaugurated on May 18, 2014, with a match between Corinthians and Figueirense; the São Paulo-based team lost 1–0 in that season's Série A championship. A few weeks after its official opening, it hosted the opening ceremony of the 2014 FIFA World Cup—which included the match between Brazil and Croatia, won 3–1 by Brazil—as well as five other tournament matches, including a semifinal. Due to FIFA's requirement for a minimum of 60,000 seats for the World Cup opener, an additional 19,800 temporary seats were installed at the stadium solely to meet this requirement. Following the 2014 World Cup, Corinthians ordered the removal of the temporary structures.
Built by Odebrecht (now OEC) between 2011 and 2014, the project had an initial estimated cost of 820 million reais, but the final price reached nearly 1.2 billion reais, including a 420-million-real tax exemption granted by the São Paulo city government. In addition to the vast financial resources used in its construction, the arena also faced criticism regarding the circumstances under which it was selected as an official World Cup stadium and the working conditions of the laborers involved in the project. Arena Corinthians reached the milestone of 4 million spectators at its 124th match, averaging 32,308 paying fans per game and generating revenue exceeding 234 million reais.