‘FL Red’(Reg. No. CV‐281, PI 678572) tetraploid annual ryegrass (Lolium multiflorum Lam.) is a synthetic cultivar selected for later maturity and resistance to annual ryegrass crown rust caused by Puccinia coronata Corda and gray leaf spot caused by Pyricularia grisea Sacc. FL Red was synthesized originally in 2004 from equal quantities of ‘Jumbo’, MRF‐31, FL/NEX2002(new1)4XLR, FLX2003(BD)4XLRCT, Beefbuilder III, and BB‐MEX. Eight cycles of recurrent mass selection (2003–2004, 2004–2005, 2005–2006, 2006–2007, 2007–2008, 2008–2009, 2009–2010, and 2010–2011) for crown rust resistance, gray leaf spot resistance, and mid‐late seed maturity were completed at the Forage Research Unit in Gainesville, FL. FL Red dry matter total seasonal yields across the southeastern region of the United States for the 2010–2011, 2011–2012, 2012–2013, and 2013–2014 growing seasons (total of 12 location‐years) were not different from the top‐yielding entry at 8 of the 12 locations. At more southern locations (Gainesville and Marianna, FL, and Calhoun, Plains, and Tifton, GA), FL Red showed high yields in all 4 yr. Maturity ratings taken at Gainesville show that FL Red was among the later‐maturing tetraploid entries evaluated. Changes in maturity date can be both beneficial (in cool or dry spring years where summer perennial grass production is limited) or detrimental (late‐maturing annual ryegrasses may suppress and delay early summer grass production). FL Red had excellent levels of resistance to crown rust and moderate resistance to gray leafspot.