The Palestra Itália Stadium (Portuguese: Estádio Palestra Itália), was a football stadium located in Barra Funda, São Paulo, standing on the site now occupied by the new Allianz Parque stadium that is scheduled to open in 2014. It was the home ground of Sociedade Esportiva Palmeiras from 1917 to 2010. It was also known as Parque Antártica after Companhia Antarctica de Bebidas, a beverages company from which Palmeiras acquired the property in 1920. In the past its capacity was listed as 35,000 spectators, however, even though its grandstands have been extended in the late 1990s, the stadium had 27,650 seats due to regulations enforcing improved safety and comfort, before was demolished in November 2010.
It was one of the most important Brazilian stadiums, considering the amount of decisive and important matches played there, most of them with the presence of Palmeiras. Examples of games played in Palestra Itália include the second leg of the 1999 Copa Libertadores finals, the Copa Mercosur finals of 1998, 1999 and 2000, 1996 Copa do Brasil final and several Campeonato Paulista finals.
One of the 2000 Campeonato Brasileiro Série A final matches, between São Caetano and Vasco was played at Palestra Itália. One of the 2004 Copa do Brasil final matches, between Santo André and Flamengo was played there too. Besides football matches, the Palestra Itália Stadium, often hosted important Brazilian and international musical events because of its central location in São Paulo, like Human Rights Now!, Ozzy Osbourne, Iron Maiden, Metallica, Aerosmith, David Bowie and Guns N' Roses.