The £7.5M velodrome was officially opened on the 14th November 2003 and was known as the Welsh National Velodrome. The velodrome was designed by Milton Kane and built by CH Pearce Construction, the track was designed by Ron Webb. It is an international 250m track with 42 degree bankings and covered with Siberian pine. There is seating for 500 spectators and the velodrome is the head office of Welsh Cycling.
At track meetings in 2005 and 2006, David O'Loughlin broke the Irish 4,000m pursuit record. Newport held a round of the British Cycling Sprints league in November 2019. They also hosted a UCI Track Cycling Nations Cup event in 2021. It is used by Team GB for training and as the GB holding camp before Olympic Games.
The stadium was re-named the Geraint Thomas National Velodrome of Wales in 2018 after Thomas became the first Welshman to win the Tour de France.