Current:Home > Stocks2026 Olympic organizers forced to look outside Italy for ice sliding venue after project funds cut -GrowthProspect
2026 Olympic organizers forced to look outside Italy for ice sliding venue after project funds cut
View
Date:2025-04-15 10:51:21
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! (215)
Related
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Homeowners, this week of April is still the best time to sell your house — just don't expect too much
- Trump goes from court to campaign at a bodega in his heavily Democratic hometown
- Texas fined $100,000 per day for failing to act on foster care abuse allegations
- Trump invites nearly all federal workers to quit now, get paid through September
- Taylor Swift reporter, influencers to discuss 'Tortured Poets' live on Instagram
- DeSantis tweaks Florida book challenge law, blames liberal activist who wanted Bible out of schools
- CBS plans 'The Gates,' first new daytime soap in decades, about a wealthy Black family
- Trump's 'stop
- Katy Perry Has Hilarious Reaction After Her Top Breaks Off on Live TV
Ranking
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- 2 men exchange gunfire at Flint bus station, leaving 1 in critical condition
- 19-year-old found dead after first date; suspect due in court: What to know about Sade Robinson case
- Riley Strain Case: Alleged Witness Recants Statement Following Police Interrogation
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- Caitlin Clark fever is spreading. Indiana is all-in on the excitement.
- Plumbing problem at Glen Canyon Dam brings new threat to Colorado River system
- Channing Tatum and Jenna Dewan divorce: Former couple battle over 'Magic Mike' rights
Recommendation
As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
Owners of Colorado funeral home where nearly 200 bodies were found charged with COVID fraud
Nike draws heat over skimpy U.S. women's track and field uniforms for Paris Olympics
Heavy rains lash UAE and surrounding nations as the death toll in Oman flooding rises to 18
Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
Arkansas lawmakers question governor’s staff about purchase of $19,000 lectern cited by audit
I just paid my taxes. Biden's pandering on student loans will end up costing us all more.
House sends Mayorkas impeachment articles to Senate as clash over trial looms