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| Club Atlético Olimpia | |
| Nickname: | Alas Rojas La Máquina Blanca |
| Leagues: | Liga Uruguaya de Básquetbol |
| Founded: | 1918 |
| Arena: | Estadio La Cupula |
| Capacity: | 1,100 |
| Location: | Montevideo, Uruguay |
| Colors: | White and Red |
| President: | Fernando Stagnari |
| Coach: | Gerardo Jauri |
| Championships: | 8 (CFB: 1923, 1928, 1929, 1946, 1965, 1970, 1971, 1972) |
| Website: | olimpia.uy |
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Club Atlético Olimpia, or simply Olimpia, is a sports club based in Montevideo, Uruguay. The club's main sport is basketball, with the basketball team having won eight championships in the now-defunct Campeonato Uruguayo Federal de Básquetbol (CFB). The team currently competes in the Liga Uruguaya de Básquetbol (LUB).
Olimpia was founded on 17 September 1918.[1] In 1946, Olimpia won the South American Club Championships.[2] Between 1923 and 1972, the team won eight championships in the Campeonato Uruguayo Federal de Básquetbol (CFB).