Current:Home > reviews2026 Olympic organizers forced to look outside Italy for ice sliding venue after project funds cut -Stellar Financial Insights
2026 Olympic organizers forced to look outside Italy for ice sliding venue after project funds cut
View
Date:2025-04-25 20:18:04
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! (7255)
Related
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- Gardening bloomed during the pandemic. Garden centers hope would-be green thumbs stay interested
- A California city wrestles with its history of discrimination against early Chinese immigrants
- Gardening bloomed during the pandemic. Garden centers hope would-be green thumbs stay interested
- Sonya Massey's father decries possible release of former deputy charged with her death
- NIT is practically obsolete as more teams just blow it off. Blame the NCAA.
- Newly obtained video shows movement of group suspected of constructing Jan. 6 gallows hours before Capitol siege
- Why This Photo of Paul Mescal and Ayo Edebiri Has the Internet Buzzing
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Washington's cherry trees burst into peak bloom, crowds flock to see famous blossoms
Ranking
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Paris Olympics lifts intimacy ban for athletes and is stocking up on 300,000 condoms
- Armed thieves steal cash from guards collecting video machine cash boxes in broad daylight heist
- Toddler hit, killed by Uber driver in Texas after being dropped off at apartment: Police
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- US marriages surpass 2 million for first time in years as divorce rates decline: CDC
- EPA bans asbestos, finally slamming the door on carcinogen that kills tens of thousands of Americans every year
- Gannett news chain says it will stop using AP content for first time in a century
Recommendation
Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
See Jax Taylor Make His Explosive Vanderpump Rules Return—and Epically Slam Tom Sandoval
Judge dismisses suit against Delaware court officials filed by blind man who was wrongfully evicted
The history of Irish emigration, and the pride of the Emerald Isle
Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
Missing Wisconsin toddler's blanket found weeks after he disappeared
Powerball winning numbers for March 18, 2024 drawing: Jackpot rises to $687 million
Police confirm a blanket found during search for missing Wisconsin boy belongs to the 3-year-old