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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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10/22/13
DOSB Demands Extra $52M From Ministry

The German Olympic Sports Association (DOSB) said that "it needs more money in order to win medals at the 2016 Rio Games," according to SPIEGEL ONLINE. The DOSB reportedly needs an additional €38M ($52M) annually. It "will allegedly submit a corresponding claim to the German Interior Ministry." ...

Tags: Europe, Olympics

10/22/13
Politicians To Decide On Barcelona '22 Bid

Barcelona Mayor Xavier Trias on Monday requested that Spanish political parties the "Convergencia i Union" (CiU), Party of Catalan Socialists (PSC), Republican Left of Catalonia (ERC) and the People's Party (PPC) "decide within three days whether they will give a 'yes' to Barcelona's possible 2022 W ...

Tags: Olympics, Europe

10/22/13
Olympic Notes

Sochi 2014 Organizing Committee President Dmitry Chernyshenko said that "the Olympic flame for the Sochi Winter Olympic Games has arrived at the North Pole." Chernyshenko, posting a picture of the flame in a delicately designed container, wrote on Twitter, "Record is set! First time ever the Olympic ...

Tags: Olympics

10/21/13
Alligator Worries At Olympics Golf Venue

Organizers of the first Olympic golf tournament in 112 years said that "there is little risk of alligator-like creatures slithering onto fairways or greens during the 2016 Rio de Janeiro Games," according to Tariq Panja of BLOOMBERG. As many as 6,000 caimans, members of the alligator family, "live i ...

Tags: Olympics, Brazil

10/21/13
Olympic Notes

A gold coin weighing three kilograms and dedicated to the 2014 Sochi Olympics "was purchased Friday by an unnamed buyer in Russia’s Far East for $232,200." A spokesperson for the Sberbank's branch in the Amur Region said that the coin "is the heaviest and most expensive in the series of colle ...

Tags: Olympics

10/18/13
Team GB Chooses Rio Olympics Camp

The British Olympic Association announced that Great Britain's '16 Olympians "will complete their preparations for the Games in the Brazilian city of Belo Horizonte," according to the PA. BOA Chair Sebastian Coe "has signed an official memorandum of understanding with city officials w ...

Tags: Olympics, Brazil

10/18/13
Olympic Notes

A Yokohama housewife "has submitted a petition with 15,000 signatures opposing Tokyo’s plan to build a canoe course for the 2020 Olympics in fauna-rich Kasai Rinkai Park." The woman collected the signatures via the online signature-gathering site Change.org "in the hope of persuading the Tokyo ...

Tags: Olympics

10/17/13
Bach Names Coordination Commissions

IOC President Thomas Bach has appointed IOC VP John Coates as chairman of the Coordination Commission for the Games for the 2020 Tokyo Games. Frank Fredericks has been named  Coordination Commission chairman for the 2018 Buenos Aires Youth Olympic Games. Coates and Fredericks will lead two team ...

Tags: Olympics

10/17/13
Olympic Notes

Puerto Rican banking exec Richard Carrion, who was "instrumental in building up the financial security of the IOC, has resigned from his key roles in the Olympic body following his failed bid for the presidency." Carrion quit his "different positions within the IOC," including as chairman of the fin ...

Tags: Olympics

10/16/13
FIS President Fears Winter World Cup

Int'l Ski Federation (FIS) President Gian Franco Kasper insisted Tuesday that "he had growing concerns about switching the 2022 World Cup to a date which could see it overshadow the Winter Olympics that year," according to the AFP. Kasper said, "We have big fears, if the football World Cup tak ...

Tags: Olympics

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