Current:Home > Scams2026 Olympic organizers forced to look outside Italy for ice sliding venue after project funds cut -WealthPro Academy
2026 Olympic organizers forced to look outside Italy for ice sliding venue after project funds cut
View
Date:2025-04-15 22:00:37
MUMBAI, India (AP) — A big-ticket project for the 2026 Milan-Cortina Olympics has been dropped because the Italian government no longer wants to help fund it, organizing committee officials said Monday.
Bobsled, luge and skeleton events now need to be held outside Italy, likely either at the sliding track in Igls, Austria or St. Moritz, Switzerland.
The historic Eugenio Monti track at Cortina d’Ampezzo – built 100 years ago, used for the 1956 Winter Games, and shut down 15 years ago – was planned to be rebuilt but expected costs spiraled from the original 50 million euros ($53 million) estimate.
“Recent years’ dramatic international scenario has forced a reflection on the resources regionally allocated by the Italian government as investment for this specific venue,” organizing committee leader Giovanni Malago said at the International Olympic Committee’s annual meeting being held in Mumbai, India.
“This venue has been at the center of a long and controversial process,” Malago acknowledged, after a tender for the work produced no viable contractor.
The IOC had long been skeptical about the Cortina sliding track project and urges Olympic hosts to avoid building venues which do not fulfil a proven need for local communities.
Using venues outside a host country is now encouraged to limit costs for Olympic organizers who typically overspend budgets.
Malago said Milan-Cortina officials will decide which sliding track to use after consulting with the IOC.
Milan-Cortina won hosting rights in 2019, beating a Swedish bid centered on Stockholm that planned to use a sliding track in Latvia.
—-
AP Olympics: https://apnews.com/hub/2024-paris-olympic-games
veryGood! (42199)
Related
- Travis Hunter, the 2
- Vanderbilt basketball to hire James Madison coach Mark Byington
- US consumer confidence holds steady even as high prices weigh on household budgets
- 4 accused in Russia concert hall attack appear in court, apparently badly beaten
- Judge says Mexican ex-official tried to bribe inmates in a bid for new US drug trial
- Evidence in Ruby Franke case includes new video showing child after escape, asking neighbors for help
- Russia observes national day of mourning as concert hall attack death toll climbs to 137
- Scammer claimed to be a psychic, witch and Irish heiress, victims say as she faces extradition to UK
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- TEA Business College: Top predictive artificial intelligence software AI ProfitProphet
Ranking
- 9/11 hearings at Guantanamo Bay in upheaval after surprise order by US defense chief
- An eclipse-themed treat: Sonic's new Blackout Slush Float available starting today
- TEA Business College leads innovation in quantitative finance and artificial intelligence
- Powerball jackpot climbs to $865 million as long winless drought continues
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Jenn Tran Named Star of The Bachelorette Season 21
- A Kroger-Albertsons merger means lower prices and more jobs. Let it happen.
- Puerto Rico has declared an epidemic following a spike in dengue cases
Recommendation
The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
You'll Never Let Go of How Much The Titanic Door Just Sold for at Auction
Eric Decker Gets a Vasectomy After Welcoming Fourth Child with Jessie James Decker
U.S. charges Chinese nationals in hacking scheme targeting politicians, businesses
Video shows dog chewing cellphone battery pack, igniting fire in Oklahoma home
'Bachelor' finale reveals Joey Graziadei's final choice: Who is he engaged to?
March Madness winners, losers from Monday: JuJu Watkins, Paige Bueckers steal spotlight
Animal chaplains offer spiritual care for every species