Olympiacos B.C., also known Olympiacos Piraeus, is a Greek basketball club which is part of the multi-sport club Olympiacos CFP. Based out of Piraeus, it competes in the EuroLeague. The club was founded in 1931, six years after the formation of the parent club, and is one of the most successful clubs in Greek history as well as in Europe. It has won numerous domestic, European and worldwide competitions such as the Greek League, Greek Cup, EuroLeague, FIBA Intercontinental Cup and McDonald's Championship, among other honors. The club's home fixtures are held at the Peace and Friendship Stadium.