Braga changed their kits from green and white to their Arsenal-style red during the 1945–46 and the 1946–47 seasons due to their president José Antunes Guimarães who had business connections in London and was an Arsenal fan. That year, Braga won the Second division title reaching the First division for the first time. Braga even renamed their youth team Arsenal de Braga. Braga's emblem is the city of Braga's shield with Mother Mary and baby Jesus with the blue from the city's shield changed to red. On the top of the emblem is the golden Mural Crown of Braga, with the name "Sporting Clube de Braga" on it. Many Braga fans have said that Mother Mary gives them luck. The fans of Braga are known as Arsenalistas due to their team home kit that resembles that of English club Arsenal. They are also known as Bracarenses because of being from the city of Bracari, later named Bracara Augusta, city of Portugal that is now known as Braga. Aside from the loyalty of its supporters, the Minho derby against Vitória de Guimarães is a match that both sets of fans eagerly await. This match is more than football – it is a way people from the north view each city. The derby is one of Portugal's most intense matches, and children under 13 are restricted from entering unless an adult is with them. The rivalry goes back to when the City of Braga was the ancient capital of Gallaecia and the largest Portuguese city by the time the Kingdom of Portugal was formed by Afonso I of Portugal. At that time, Guimarães became the seat of the King and nobility, whereas the city of Braga remained the centre of trade and religious power.
In the 1960s and 1970s, Braga began to climb up the league ladder and eventually participated in the UEFA competitions. Braga's recent run of successive European participations began in the 2004–05 UEFA Cup after finishing fifth in the league under Jesualdo Ferreira's first full season in the club. In the 2006–07 UEFA Cup, the side reached the last 16 before a 6–4 aggregate loss to Tottenham Hotspur. That summer, the club signed a three-year sponsorship deal with French insurance company Axa, who took over the naming rights for the stadium for €4.5 million; this was renewed for a further three years in 2010. In 2008–09 under Jorge Jesus, Braga finished as runners-up for the only time in the league and again reached the UEFA Cup last 16, where they lost by a single goal to Paris Saint-Germain. Entering the UEFA Champions League for the first time, in the fourth qualifying round Braga beat Sevilla 1–0 at home and 4–3 away, thus making the group stage. On 15 September 2010, Braga were heavily defeated 6–0 by Arsenal in its first group stage match. Eliminated in third place, they dropped into the Europa League and reached the final in Dublin, where they lost to a goal by FC Porto's Radamel Falcao. Braga won the Taça da Liga for the first time in 2013 under José Peseiro, with one goal from Alan against Porto. Two years later, Sérgio Conceição's side lost on penalties to Sporting CP in the Taça de Portugal final, but triumphed over Porto on the same method in 2016 to win their first such cup in 50 years. In 2019–20, Braga went through four managers over the course of the season. The second of these, Rúben Amorim, led them to a league cup victory over Porto, with Ricardo Horta scoring in added time to secure the trophy on home soil. On 28 July 2020, just 2 days after the end of 2019–20 season, Carlos Carvalhal was announced as the new head coach, in a come-back to the club 14 years later.