Melbourne Park is a sports venue in the Melbourne Sports and Entertainment Precinct in Melbourne, Victoria, Australia. Since 1988, Melbourne Park has been home of the Australian Open in tennis, which is played annually in January. The venue was the home of the Melbourne Tigers basketball team, and can be adapted to host netball, ice skating, concerts, cycling as well as swimming and motorsport events. It is owned by Melbourne & Olympic Parks, which also runs the adjacent Melbourne Rectangular Stadium. The Yarra Park section of the Sports and Entertainment Precinct is run separately.