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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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01/25/13
Slovakia Joins Poland In 2022 Olympic Bid

Slovakia PM Robert Fico revealed that his country "supports the idea of a joint bid" for the 2022 Winter Olympics with neighbor Poland, according to Santa & Borowski of REUTERS. Fico met with representatives of the Slovak Olympic Committee, the High Tatras mountains regions and the national ice ...

Tags: Olympics, Europe

01/25/13
Olympic Football Could Face Late Games

Teams qualifying for the knock-out stages of the 2020 Olympic football competitions "may face some late nights if Tokyo wins the right to stage the Games," according to David Owen of INSIDE WORLD FOOTBALL. The official bid book for the Japanese city, which was made public this month, indicates that ...

Tags: Olympics, Japan

01/23/13
Athletes Ask Indian Officials To Quit

A group of former athletes has "asked top officials from the Indian Olympic Association to quit," a month after the IOC suspended the national body, according to Romit Guha of the WALL STREET JOURNAL. A letter signed by 20 athletes said the group supports the IOC's decision and urges IOA office bear ...

Tags: Olympics, India

01/23/13
Sochi Agrees To Licensing Agreement

The Sochi 2014 Organizing Committee has entered into a licensing agreement with Russian grocery market X5 Retail Group. Under the agreement, X5 will become an official Sochi 2014 Organizing Committee retail sales operator. The sales of the Sochi 2014 licensed merchandise will be organized in 45 Russ ...

Tags: Olympics, Russia

01/23/13
Olympic Notes

Sochi 2014 Olympic Torch Relay presenting partner Coca-Cola has begun the process of selecting 2,014 torchbearers for the relay, which begins on Oct. 7. The beverage company held a week-long exhibition in Moscow on Thursday to launch the Nomination Campaign. It is also hosting a 13-city tour of Russ ...

Tags: Olympics

01/22/13
Istanbul 2020 Unveils $20M Sponsor Deal

Istanbul 2020 announced that seven of Turkey’s largest companies will unite to sponsor the nation’s bid to host its first Olympic and Paralympic Games in a series of deals worth more than $20M. The deal was signed following a private dinner hosted in Istanbul by Turkey Minister of Youth ...

Tags: Olympics, Europe

01/21/13
Olympic Tickets Cost British Gov't $1.9M

The British government spent nearly £1.2M ($1.9M) of taxpayers' money on tickets for last summer's Olympic and Paralympic Games, so "ministers and civil servants could watch for free," according to Lucy Crossley of the London DAILY MAIL. Coalition ministers "were given access to events" includ ...

Tags: Olympics, United Kingdom

01/21/13
British Volleyball On The Brink

British sports organizations cut from funding "will be given only a few minutes to make their case" when they appeal to UK Sport this month, according to Sue Mott of the SUNDAY TIMES. Unless "hard-line decisions are reversed or amended, the Olympic careers of 35 volleyball players will be over." Wit ...

Tags: Olympics, United Kingdom

01/21/13
Rio's Hotels Clean Up For Games

With next year's World Cup and the 2016 Olympic Games arriving in Rio de Janeiro, local officials are "scrambling to solve a chronic hotel bed shortage" so severe that during a UN conference there last year, the mayor had to "appeal to residents to open their apartments to visitors," according to Je ...

Tags: Olympics, Brazil

01/21/13
IOA Suspension To Be Over In Two Months

Claiming that the Indian Olympic Association "had done nothing wrong in the election process" President Abhay Singh Chautala said that the issue of the national body’s suspension by the IOC is "likely to be resolved in two months," according to the PTI. Chautala said, "IOA was not responsible ...

Tags: Olympics, India

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