Current:Home > Stocks2026 Olympic organizers forced to look outside Italy for ice sliding venue after project funds cut -WealthX
2026 Olympic organizers forced to look outside Italy for ice sliding venue after project funds cut
View
Date:2025-04-15 22:59:07
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! (9533)
Related
- The company planning a successor to Concorde makes its first supersonic test
- Former Boy Scout leader pleads guilty to sexually assaulting New Hampshire boy decades ago
- King Charles honors Blackpink for environmental efforts: See photos
- Colorado coach Deion Sanders returns to form after illness: 'I am a humble man'
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- Haitian police say member of a gang accused of kidnapping Americans has been extradited to the US
- Police: Kentucky bank shooter wrote in journal about ease of buying assault weapon before killings
- Wilcox Ice Cream recalls multiple products after listeria found in batch of mint chip
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- Czech president approves plan introducing budget cuts, taxes. Labor unions call for protests
Ranking
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- Bill Cosby, NBCUniversal sued by actress on 'The Cosby Show' for alleged sexual assault, battery
- The first Macy's Thanksgiving Day Parade featured live animals (bears and elephants)
- Mother found dead in Florida apartment fire had been stabbed in 'horrific incident'
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- From 'Blue Beetle' to 'Good Burger 2,' here are 15 movies you need to stream right now
- Live updates | Timing for the Israel-Hamas pause in fighting will be announced in the next 24 hours
- Melissa Barrera dropped from 'Scream 7' over social media posts about Israel-Hamas war
Recommendation
Grammy nominee Teddy Swims on love, growth and embracing change
Hailey Bieber Drops a Shimmering Version of the Viral Rhode Lip Tint Just in Time for the Holidays
Police say some 70 bullets fired in North Philadelphia shooting that left 2 dead, 5 wounded
No. 5 Marquette takes down No. 1 Kansas at Maui Invitational
Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
Robbery suspect’s colorful underwear helped police arrest him, authorities say
2 charged with operating sex ring that catered to wealthy clients will remain behind bars for now
Walmart's Black Friday 2023 Sale Includes $99 Beats, $98 Roku TV, $38 Bike, & More