Besides having many champions among its members, both amateur and professional, Ugolino has hosted numerous international competitions. The one that stands out most among these, was the 40th Italian Open in 1983. This remains probably the most enthralling tournament ever played in Italy. It was won, in the end, by Bernard Langer following a thrilling play-off with Severiano Ballesteros and Ken Brown. In addition to them, the field boasted such greats of the game like Greg Norman, Sam Torrance, Pinero, Canizares, and Lyle; not to mention the leading Italians of the time, Costantino Rocca and Baldovino Dassù. The event is still vivid in the memory of the older members.
In 2009, in recognition of its long service to golf, the Italian Olympic Committee awarded Ugolino the Gold Medal for sporting achievement. As a further honor, Ugolino can claim three out of the eleven members of the Hall of Fame of Italian Golf, nominated by the Italian PGA. These are Baldovino Dassù, Federica Dassù, and Franco Rosi who are recognized for their contribution to the development of golf in Italy.