A group of inhabitants of Comodoro Rivadavia established Club Gimnasia y Esgrima on February 13, 1919. Eloy Cánovas was elected president of the club although the club was registered 20 years later. At the beginning, Gimnasia was a social club rather a sports institution. Gimnasia was first based on España street, moving then to San Martín street of the same city. Gimnasia y Esgrima organized the traditional "Maratón de los Barrios" for the first time in 1942. This competition was one of the most notable running events in Comodoro Rivadavia. The club was also a tennis pioneer in the city, apart from many sports activities hosted by the club, such as athletics, football, rugby union, fencing, roller hockey, martial arts, chess, roller coaster and volleyball. The club inaugurated its headquarters on San Martín street in 1953, being erected for over 50 years. Due to serious economic problems, Gimnasia had to sell the building in 1994, causing that all the sports departments of the club were closed. Basketball began to be practised at Gimnasia in 1930. The club won its first Chubut Basketball Federation championship in 1941. The club later registered to Liga Nacional de Básquetbol where it still competes. In 1985 Gimnasia y Esgrima inaugurated its own stadium, named "Socios Fundadores". Four years later Gimnasia won the second division title, therefore promoting to the top level, just two weeks before the end of the championship. During the 1992–93 season Gimnasia y Esgrima finished 4th in the Liga Nacional. Another great campaign was in the 1999–00 season when the team finished 3rd. This performance allowed Gimnasia to play the Liga Sudamericana de Clubes, being the first time a team from Patagonia played an international competition. Gimnasia y Esgrima was a finalist, finally losing to Estudiantes de Olavarría. Nevertheless, the most important achievement to date was the Primera División championship won in 2005–06. The team, coached by Fernando Duró, defeated Libertad de Sunchales by 4–2 at the finals. Previously, Gimnasia had eliminated Boca Juniors and Ben Hur. The roster was: Sebastián Festa, Santiago Haag, Nicolás de los Santos, Gabriel Cocha, Pablo Moldú, Charles Jones, Leandro Masieri, Matías Barberis, Jervaughn Scales, Ruperto Herrera, Diego Romero and Bruce Zabukovic. Cocha was also named MVP of the finals. In July 2011, Grupo Indalo associated with the club, which changed its name to "Gimnasia Indalo" before the 2011–12 season. Marcelo Richotti came back as coach of the team.