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Rio Games Sees Budget Increase By 25% In Wake Of Project Delays, New Transit Plans

04 / 18 / 14

Brazilian authorities "unveiled an infrastructure budget" of $10.76B for the 2016 Rio Olymipcs, which is 25% "more than planned, as they try to reassure the world they can deliver facilities on time," according to Pedro Fonseca of REUTERS. The budget "covers 27 projects in urban development and publ...

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Tags: Olympics, Brazil

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11/07/12
World Cup Stadium Has Plan Altered

The consortium in charge of the Arena Pernambucu in Recife, Brazil, has "opted to alter the project" to speed up construction and get it ready for the 2013 Confederations Cup in June, according to Itri & Rizzo of FOLHA DE S. PAULO. This is significant as the Confederations Cup is set to take pla ...

Tags: Brazil, Facilities

11/06/12
Rio Games Ready For Mascot Selection

The Local Organizing Committe of the 2016 Rio de Janeiro Olympic and Paralympic Games "initiated the process for the selection of the mascot," according to Vinicius Konchinski of UOL.com.br. The organization "launched the process to contract a company" that will develop the mascot for the Games. Rio ...

Tags: Olympics, Brazil

11/06/12
Brazil WC Host Cities Wary Of New Costs

After receiving the final requisitions from FIFA for provisional installations, the 2014 World Cup host cities "were frightened by the cost increase" and have already asked the federal government for help, according to Rodrigo Mattos of UOL.com.br. The initial estimates indicate between R$20M ($9.8M ...

Tags: Brazil, FIFA World Cup, Events and Attractions

11/05/12
São Januário Will Not Host Rugby Sevens

The 2016 Rio de Janeiro Olympic Games Organizing Committee revealed it "will not be using the São Januário stadium" for the rugby sevens competition, according to GLOBO ESPORTE. Brasileiro club Vasco, which is the tenant of the stadium, did not send the necessary documents to authoriti ...

Tags: Facilities, Olympics, Brazil

11/05/12
FIFA Under Pressure To Allow Brazilian Food At WC

FIFA is under pressure to allow sales of a native Brazilian sandwich in stadiums at the 2014 World Cup "amid allegations that the governing body is bowing to corporate sponsors such as McDonald's," according to the AFP. The dispute centers on acaraje, an iconic black-eyed pea fritter from the north ...

Tags: Brazil, FIFA World Cup, Events and Attractions

11/01/12
Ferrer Added To Federer Gillette Tour

The Gillette Federer Tour revealed that "an additional day" will be added to the event along with the presence of two more tennis players from the ATP tour, according to GAZETAESPORTIVA.net. The event, staged in the Ginásio do Ibirapuera in São Paulo, Brazil will be played from Dec. 6- ...

Tags: Brazil, Events and Attractions

11/01/12
Confederations Cup Venues Nearly Set

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Tags: International Football, Europe, Brazil

10/31/12
World Cup 2014 Adds Partner

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Tags: Marketing and Sponsorship, FIFA World Cup, Brazil

10/31/12
Grêmio Close To Arena Deal

Brasileiro club Grêmio "is close to selling the naming-rights" to its new stadium to Chinese bank ICBC Bank, according to PLACAR. Representatives of the "largest bank in China" arrived in Brazil on Monday to conclude the negotiations. Grêmio President Eduardo Antonini confirmed that "the ...

Tags: Brazil, Marketing and Sponsorship

10/30/12
Vasco Remodelling São Januário Stadium

Brasileiro club Vasco will "renovate and increase" the capacity of its São Januário stadium from 25,000 to 43,000, according to the AP. The Rio de Janeiro club has until Wednesday to present the redevelopment plans to the Rio Olympic Organizing Committee if it wants its arena to host t ...

Tags: Brazil, Olympics, Facilities

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