What does velodrome mean in English?

Excuse me, I'm curious about a terminology I've encountered in relation to cycling events. Could you assist me in understanding the It meaning of the word "velodrome" in English? seems to be a specific type of venue for cycling competitions, but I'm not entirely certain of its precise definition. I'd appreciate a concise yet thorough explanation of what a velodrome is, its characteristics, and how it differs from other cycling tracks or arenas. Thank you for your time and expertise in this matter.