The Dominican Republic has won the most Caribbean Series championships (22), with Tigres del Licey being the most successful team in the tournament's history. The series has been won by 29 teams from seven different countries. Only two teams have won the tournament two consecutive years, the most recent being Criollos de Caguas from Puerto Rico in 2017 and 2018.
Inspired by the Interamerican Series and his experience as a former president of the International Baseball Federation, Morales joined Prieto and presented the idea to baseball representatives of Cuba, Panama, and Puerto Rico during a meeting held in Havana on August 21, 1948.[2] The representatives then agreed to stage a four-country, round-robin tournament 12-game to be known as the Serie del Caribe, to be launched in Cuba from February 20–25 of 1949.
The Series ran annually from 1949 through 1960, with Cuba winning seven times. However, the event was suspended in 1961, as a result of the Cuban Revolution. Fidel Castro dissolved all professional baseball in Cuba, and MLB CommissionerFord Frick ruled that American major leaguers were barred from playing in Havana, where the 1961 series had been scheduled.[3][4]
It was not until 1970 that the Caribbean Series was revived. Moreover, the 1981 Caribbean Series was not held due to a Venezuelan League player's strike.
The tournament featured the champions of the Dominican Republic, Mexico, Puerto Rico, and Venezuela for over 40 years. Cuba returned in 2014. Panama returned to host the 2019 edition. Colombia was added for the 2020 edition, replacing Cuba who could not participate due to visa issues. Curaçao was invited as a guest in 2023.[5]
Starting with the 2013 Caribbean Series, a championship game was introduced where the two teams with the best win–loss record from the round-robin first stage would meet to determine the champion. In 2013 the first round consisted of 12 games and each team faced the other teams twice, one as home club and the other as an away team; from 2014 on, with the return of Cuban teams to the tournament, the first stage was changed to a round robin of 10 games where each team faced the other teams once.