Beginning rehearsals on April 1, 2008, Corella Ballet is currently the only classical ballet company in Spain. Since its foundation it has premiered two classical productions: La Bayadère and The Swan Lake and three combination programmes with three world premieres: String Sextet by Ángel Corella; Soleá Pdd by María Pagés and Epimetheus by Russell Ducker. It has 24 works in its repertorire.

Corella Ballet is one of the initiatives of the Angel Corella Foundation to promote classical dance in Spain. It is part of a major project that includes the creation of a Residence - a dance school of the highest quality, which will also be the base for future Corella Ballet dancers. This project is in response to Angel Corella's aspiration to provide a professional career for classical dancers in Spain and prevent Spanish born dancers from having to leave the country to further their careers as Corella and many others have for the past 20 years.

Corella Ballet will offer a wide repertoire; incorporating classical, neoclassical and contemporary choreographiy. This will allow Corella Ballet to quickly position itself among the greatest companies of the world, such as Great Britain's Royal Ballet, American Ballet Theatre of New York, Paris Opera Ballet or La Scala Ballet of Milán.