First mentioned in a document dated 1572, it is the only equestrian institute in the world which follows a Renaissance model of classical schooling. Eleves, or students, begin their training immediately after completion of Austrian primary education (age 15 or 16), and are expected to be both sporty and clever. The school takes its name from a Spanish breed of horse first mentioned in Roman writings. In 1562, Emperor Maximilian II brought some of these Spanish horses to Austria to found a royal stud farm in Kladrub (Bohemia), housing them for a time in the "Stallburg" (oldest section of the Imperial Palace). The present school location was built in 1572. In 1580, Maximilian's brother, Archduke Karl, founded the stud farm in Lipizza near Trieste (now Slovenia). Interest in elegant riding had been growing for about 50 years at that point. During Renaissance times, powerful gentlemen who had already conquered the worlds of finance and politics looked to the writings of antiquity for new learning and an educated lifestyle to which they could aspire. Horsemanship which followed the ancient models described by Socrates and others became the fashion. Xenophon (430 – 354 BC) wrote "Men who understand the art of horsemanship, in truth, look magnificent." Who wouldn't want that? In the new Winter Riding School (built 1729-35), tournaments, masked balls, and other entertainment was held, but this would soon draw to a close – the royal stud farms at Lipizza were threatened by Napoleon several times and twice the precious stud horses were evacuated to Hungary. No photos or video taping allowed.

The Spanish Riding School (German: Spanische Hofreitschule) is an Austrian institution based in Vienna, dedicated to the preservation of classical dressage and the training of Lipizzaner horses, whose performances in the Hofburg are also a tourist attraction. The leading horses and riders of the school also periodically tour and perform worldwide. It is one of the "Big Four", the most prestigious classical riding academies in the world, alongside the Cadre Noir, the Portuguese School of Equestrian Art, and the Royal Andalusian School.