Showing 1-10 of 16 results
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Paris Olympic budget issues could force cuts, says government report
AFP, Published on 22/06/2023
» PARIS: The 2024 Paris Olympics are coming in significantly over budget because of an "incomprehensible lack of understanding of the complexity of the IOC's specifications", France's Court of Audit has found.
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Delayed Tokyo 2020 Olympics cost double original estimate
AFP, Published on 22/06/2022
» TOKYO: The final price tag for last year's Tokyo Olympics was more than double the city's original 2013 estimate after a one-year Covid-19 postponement added to the already hefty bill.
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Repairs to Verstappen car in Hamilton crash cost $1.8 million, says Red Bull chief
AFP, Published on 24/07/2021
» LONDON: Red Bull boss Christian Horner said Friday his team has been left with a bill for a whopping pound sterling1.3million ($1.8 million) to repair the damage to Max Verstappen's car after the controversial collision with Lewis Hamilton at the British Grand Prix.
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Cancelling the Olympics? Huge consequences and a financial quagmire
AFP, Published on 19/05/2021
» LAUSANNE: Cancelling the Tokyo Olympics in response to mounting public opposition in Japan to holding the Games during the Covid-19 pandemic would be an unparalleled act in peacetime.
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From 'best prepared' to possibly postponed: Tokyo 2020's rocky road
AFP, Published on 23/03/2020
» TOKYO: Olympic officials regularly lauded Tokyo as the best prepared host city they had seen. But no one could have planned for the coronavirus pandemic that may now force a postponement of the 2020 Games.
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Last-minute funding deal, Calgary vote keep alive Canada's Winter Olympics bid
AFP, Published on 01/11/2018
» OTTAWA: Calgary voted Wednesday to keep alive Canada's bid for the 2026 Winter Olympics, after a last-minute funding deal was struck between Ottawa and the province of Alberta.
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Tokyo 2020 slashes budget to $17 bn
AFP, Published on 21/12/2016
» TOKYO - Tokyo Olympics organisers unveiled a smaller budget of up to $17 billion on Wednesday after coming under pressure to cut ballooning costs.
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Los Angeles unveils $5.3 bn budget for 2024 Olympics
AFP, Published on 03/12/2016
» LOS ANGELES - Organisers of Los Angeles' bid for the 2024 Olympics on Friday unveiled an updated budget, vowing to deliver the Games within a $5.3 billion price tag.
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Rio's budget bash, by the numbers
AFP, Published on 13/07/2016
» RIO DE JANEIRO - Authorities in recession-struck Brazil boast that they have spent more wisely on next month's Olympics in Rio de Janeiro than past host cities.
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Four cities open campaign to host 2024 Olympics
AFP, Published on 17/02/2016
» LAUSANNE - Candidature files from Paris, Rome, Los Angeles and Budapest to host the 2024 Olympic Games, sport's most glittering event, were all delivered on schedule, the International Olympic Committee (IOC) confirmed on Wednesday.
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