Hurricane Ignacio was the latest-forming first hurricane of a Pacific hurricane season since reliable satellite observation began in 1966. The ninth tropical storm of the 2003 Pacific hurricane season, Ignacio developed out of a tropical wave on August 22 a short distance off the coast of Mexico. It was initially predicted to track out to sea and remain a weak tropical storm, though it unexpectedly organized rapidly to attain peak winds of 105 mph (169 km/h) on August 24 while located a short distance southeast of southern Baja California Sur. Land interaction weakened Ignacio to an 80 mph (130 km/h) hurricane by the time it made landfall near La Paz, and it dissipated on August 27 in the central Baja California peninsula.

The 2003 Pacific hurricane season was the first season to feature no major hurricanes since 1977. The season officially began on May 15, 2003 in the Eastern North Pacific, and on June 1 in the Central ; both ended on November 30. These dates, adopted by convention, historically describe the period in each year when most tropical cyclogenesis occurs in these regions of the Pacific. The season featured 16 tropical storms, 7 of which intensified into hurricanes, which was then considered an average season. Damage across the basin reached US$129 million, and 23 people were killed by the storms.