The Ultimate Fighting Championship (UFC) is an American mixed martial arts promotion based in Las Vegas, Nevada, that is owned and operated by parent company Zuffa. It is the largest MMA promotion in the world and features the top-ranked fighters of the sport. Based in the United States, the UFC produces events worldwide that showcase eleven weight divisions and abide by the Unified Rules of Mixed Martial Arts. As of 2017, the UFC has held over 400 events. Dana White serves as the president of the UFC. He has held that position since 2001; while under the leadership of Dana White the UFC has grown into a globally popular multibillion-dollar enterprise.
The first event was held in 1993 at the McNichols Sports Arena in Denver, Colorado. The purpose of the early Ultimate Fighting Championship competitions was to identify the most effective martial art in a contest with minimal rules between competitors of different fighting disciplines like boxing, Brazilian jiu-jitsu, Sambo, wrestling, Muay Thai, karate, judo, and other styles. In subsequent competitions, fighters began adopting effective techniques from more than one discipline, which indirectly helped create an entirely separate style of fighting known as present-day mixed martial arts. In 2016, UFC's parent company Zuffa was sold to William Morris Endeavor (WME-IMG) for $4 billion.