The Panathenaic Stadium is a multi-purpose stadium, situated in one of the historically beautiful cities of the world, Athens, Greece. The stadium is well known for its beauty and is one of the most ancient creations of humankind. It was primarily built for Panathenaic Games by an Athenian statesman Lykourgos in 330 BC. After that, around in 144 AD, an Athenian senator Herodes Atticus rebuilt the stadium in marble. Hellenic Olympic Committee now owns the stadium. It was excavated in 1869 and initially had the capacity of 50,000 seats. In the year 1896, the stadium was renovated by architect Anastasios Metaxas who gave it a modern day look and style. The stadium hosts sporting events of a different genre.