Current:Home > Markets2026 Olympic organizers forced to look outside Italy for ice sliding venue after project funds cut -Keystone Capital Education
2026 Olympic organizers forced to look outside Italy for ice sliding venue after project funds cut
View
Date:2025-04-17 19:49:41
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! (74)
Related
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Shakira Reveals Why She Decided to Finally Resolve Tax Fraud Case for $7.6 Million
- Years after Parkland massacre, tour freshens violence for group of House lawmakers
- Americans say money can buy happiness. Here's their price tag.
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- New iPhone tips and tricks that allow your phone to make life a little easier
- Julianna Margulies: My non-Jewish friends, your silence on antisemitism is loud
- Why Jason Kelce’s Wife Kylie Isn’t Sitting in Travis Kelce’s Suite for Chiefs vs. Eagles Game
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- Why Taylor Swift Is Missing the Chiefs vs. Eagles Game
Ranking
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Princess Kate to host 3rd annual holiday caroling special with guests Adam Lambert, Beverley Knight
- At least 17 people hospitalized with salmonella in outbreak linked to cantaloupe recall
- California male nanny sentenced to over 700 years for sexual assaulting, filming young boys
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- 'Napoleon' movie review: Joaquin Phoenix leads the charge in Ridley Scott's erratic epic
- At least 17 people hospitalized with salmonella in outbreak linked to cantaloupe recall
- Mississippi man killed by police SUV receives funeral months after first burial in paupers’ cemetery
Recommendation
Former Danish minister for Greenland discusses Trump's push to acquire island
Closer than we have been to deal between Hamas and Israel on hostage release, White House official says
New York lawmaker accused of rape in lawsuit filed under state’s expiring Adult Survivors Act
Cease-fire is the only way forward to stop the Israel-Hamas war, Jordanian ambassador says
At site of suspected mass killings, Syrians recall horrors, hope for answers
Key Fed official sees possible ‘golden path’ toward lower inflation without a recession
North Korea reportedly tells Japan it will make 3rd attempt to launch spy satellite this month
Florida State confirms Jordan Travis' college career is over after leg injury