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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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07/30/12
Grant Program For Brazilian Athletes

Through the Athlete Grant Program, Brazil's Ministry of Sports has provided financial support for 111 of the 259 athletes in 32 sports at the London Games. The program also provides financial support for 156 of the 186 members of the Brazilian delegation at the Paralympic Games. The Athlete Grant Pr ...

Tags: Olympics, Brazil

07/30/12
Olympics Notes

REUTERS' Karolos Grohmann reported that LOCOG Chair Sebastian Coe said that "the Olympic flame and cauldron is not a tourist attraction," defending a decision to keep it out of sight of thousands of Olympic Park visitors. Lit at the Opening Ceremony on Friday, the cauldron "will not burn above the s ...

Tags: Olympics

07/27/12
SBJ/SBD Global Olympic Blog

SportsBusiness Journal/SportsBusiness Daily has launched a free website exclusively geared to the Summer Games that will feature news, video, blogs and much more from London. See the site today for the following news: Catching Up With: Kevin Newell, McDonald¹s global chief brand officer ...

Tags: Olympics

07/27/12
Blair Says Games Good For London

Former British Prime Minister Tony Blair Wednesday “defended his decision to deliver the games to London,” maintaining that the event “will be value for money as austerity hits other public projects,” according to Rob Harris of the AP. Blair helped deliver the Olympics, landi ...

Tags: Olympics, United Kingdom

07/27/12
Cameron Steps In On Flag Row

U.K. Prime Minister David Cameron joined IOC President Jacques Rogge and LOCOG CEO Paul Deighton "in a scramble to placate North Korea after the country's women's football team stormed off the pitch before their opening match when screens wrongly showed the South Korean flag," according to Esth ...

Tags: Olympics, United Kingdom, Asia

07/27/12
Rehearsal Footage Cut From YouTube

Rehearsal footage of the Olympic Opening Ceremony was removed from YouTube on Thursday as organisers "stepped up efforts to keep details of Friday's eagerly awaited curtain-raiser under wraps," according to David Mercer of the PA. Some spectators published video online of Thursday night's sneak prev ...

Tags: Olympics, United Kingdom

07/27/12
High Ratings For Olympic Opener

Team GB's women's football win in the first event of the London Games on Wednesday peaked with 2.5 million viewers on BBC1, according to John Plunkett of the London GUARDIAN. It did take "a bit of time for the audience to build up," beginning with 1.3 million viewers at kick-off and ending with 2.5 ...

Tags: Olympics, Europe

07/27/12
German Athletes Not Social Media Savvy

The German Olympic team has a "lot of catching-up to do in regards of social media usage," according to the DPA. Only 42% percent of the 392 German athletes have an official website, a small number of 30.2% have a Facebook page, and with 18.2% even fewer use Twitter as a marketing and communications ...

Tags: Europe, Olympics

07/27/12
Debt-Hit Spain Presses On With 2020 Bid

Spain vowed to press on with its bid for the '20 Olympics despite an economic crisis that "threatened to engulf its economy," according to Karolos Grohmann of REUTERS. The Madrid government is bidding for the third successive time. Tokyo and Istanbul are the other two candidates. Spaniards are quest ...

Tags: Olympics, Europe

07/27/12
Olympics Notes

The London TELEGRAPH's Paul Kelso wrote under the header, “Match-Fixing And Gambling The New Threat In IOC's Battle Against Corruption” that IOC President Jacques Rogge “believes the issues represent the next big fight facing sports organisations and governments.” The IOC &ld ...

Tags: Olympics, United Kingdom

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