The 1938 Anniversary show commemorated the 5th anniversary of the Mexican professional wrestling companyEmpresa Mexicana de Lucha Libreholding their first show on September 22, 1933 by promoter and founder Salvador Lutteroth. EMLL was rebranded early in 1992 to become Consejo Mundial de Lucha Libre signal their departure from the National Wrestling Alliance. With the sales of the Jim Crockett Promotions to Ted Turner in 1988 EMLL became the oldest, still-operating wrestling promotion in the world. Over the years EMLL/CMLL has on occasion held multiple shows to celebrate their anniversary but since 1977 the company has only held one annual show, which is considered the biggest show of the year, CMLL's equivalent of WWE's WrestleMania or their Super Bowl event. CMLL has held their Anniversary show at Arena México in Mexico City, Mexico since 1956, the year the building was completed, over time Arena México earned the nickname "The Cathedral of Lucha Libre" due to it hosting most of EMLL/CMLL's major events since the building was completed. EMLL held their first anniversary show at Arena Modelo in 1933 and returned to that building in 1937 through 1943. From 1934 through 1936 EMLL rented Arena Nacional for their shows, but in 1944 they began holding their anniversary shows at Arena Coliseo, an arena they owned. From 1944 through 1955 EMLL held all their anniversary shows at Arena Coliseo. Traditionally EMLL/CMLL holds their major events on Friday Nights, replacing their regularly scheduled Super Viernes show.
Storylines
The event featured an undetermined number of professional wrestling matches with different wrestlers involved in pre-existing scripted feuds, plots and storylines. Wrestlers were portrayed as either heels or faces as they followed a series of tension-building events, which culminated in a wrestling match or series of matches. Due to the nature of keeping mainly paper records of wrestling at the time no documentation has been found for some of the matches of the show.
Event
Records of most of the early anniversary shows are not found, only two of the matches are documented. The 5th Anniversary show was the first to be held on a Friday, starting a tradition of most major EMLL/CMLL shows taking place on Fridays. On the undercard Bulgarian wrestler Pete Pancoff defeated Jack O'Brien in a Super Libre match, a match with no rules. In the main event reigning Mexico National Welterweight ChampionTarzán López defeated Don Hill in a non-title match.
