The Federation of International Polo was founded in 1983 with headquarters in Beverly Hills, USA, and represents the national polo associations of more than 80 countries. It was the brain child of Marcos Uranga, then President of the Argentine Polo Association. The first World Polo Championship was played in Buenos Aires in 1987. At the 1996 Atlanta Olympic Games, the General Assembly of the International Olympic Committee granted the status of an IOC Recognized Sport and accepted the Federation of International Polo as the worldwide governing body for the sport of polo. This decision was confirmed ("outright recognition") two years later.