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Yahoo
10-04-2025
- Business
- Yahoo
Milan-Cortina Olympics organizers announce budget of 1.7 billion euros
Construction work takes place at the Cortina Sliding Center, venue for the bob, luge and skeleton disciplines, at the Milan Cortina 2026 Winter Olympics, in Cortina d'Ampezzo, Italy, Thursday, Jan. 16, 2025. (AP Photo/Giovanni Auletta) Construction work takes place at the Cortina Sliding Center, venue for the bob, luge and skeleton disciplines at the Milan Cortina 2026 Winter Olympics, in Cortina D'Ampezzo, Italy, Tuesday, March 25, 2025. (AP Photo/Luca Bruno) The Milano Santagiulia Ice Hockey Arena for the Milan Cortina 2026 Winter Olympics is under construction, in Assago, near Milan, Italy, Wednesday, Jan. 15, 2025. (AP Photo/Luca Bruno) The Milano Santagiulia Ice Hockey Arena for the Milan Cortina 2026 Winter Olympics is under construction, in Assago, near Milan, Italy, Wednesday, Jan. 15, 2025. (AP Photo/Luca Bruno) Construction work takes place at the Cortina Sliding Center, venue for the bob, luge and skeleton disciplines, at the Milan Cortina 2026 Winter Olympics, in Cortina d'Ampezzo, Italy, Thursday, Jan. 16, 2025. (AP Photo/Giovanni Auletta) Construction work takes place at the Cortina Sliding Center, venue for the bob, luge and skeleton disciplines at the Milan Cortina 2026 Winter Olympics, in Cortina D'Ampezzo, Italy, Tuesday, March 25, 2025. (AP Photo/Luca Bruno) The Milano Santagiulia Ice Hockey Arena for the Milan Cortina 2026 Winter Olympics is under construction, in Assago, near Milan, Italy, Wednesday, Jan. 15, 2025. (AP Photo/Luca Bruno) MILAN (AP) — Organizers of next year's Milan-Cortina Winter Olympics announced an operating budget of 'about 1.7 billion euros' ($1.9 billion) on Thursday, a 200 million euro ($222 million) increase from the previously stated amount. The budget includes construction of competition venues such as the 118 million euro ($131 million) sliding center in Cortina d'Ampezzo and the new Santa Giulia ice hockey arena in Milan, which could cost nearly 300 million euros ($330 million), but not big infrastructure projects involving roads and railways. Advertisement The International Olympic Committee will also contribute about $1 billion in additional funding for the Feb. 6-22 Games, while the Italian government is funding more than $1 billion in infrastructure development to improve access to venues. Unlike recent Winter Games in Sochi (2014), Pyeongchang (2018) and Beijing (2022), most of the 2026 venues are in place and have been used for years for World Cups and world championships. Russia reportedly spent $51 billion on the 2014 Sochi Games, a price tag that is expected to stand as an Olympic record for many years. The operating budget for the 2022 Beijing Games was estimated at about $4 billion. ___ AP Olympics:
Yahoo
02-04-2025
- Sport
- Yahoo
PHOTO COLLECTION: 2026 Winter Olympics Venues Cortina
A sign with writing reading "Apologies for the inconvenience, we are working for the Olympic Games" is seen on a board inside the Stadio Olimpico del Ghiaccio, which will be called Cortina Curling Olympic Stadium, venue for the curling discipline at the Milan Cortina 2026 Winter Olympics, in Cortina d'Ampezzo, Italy, Thursday, Jan. 16, 2025. (AP Photo/Giovanni Auletta) (ASSOCIATED PRESS)
Yahoo
31-03-2025
- Sport
- Yahoo
Olympic CEO has 'absolutely no doubt' that sliding events will be held in Cortina d'Ampezzo
Construction work takes place at the Cortina Sliding Center, venue for the bob, luge and skeleton disciplines at the Milan Cortina 2026 Winter Olympics, in Cortina D'Ampezzo, Italy, Tuesday, March 25, 2025. (AP Photo/Luca Bruno) Construction work takes place at the Cortina Sliding Center, venue for the bob, luge and skeleton disciplines at the Milan Cortina 2026 Winter Olympics, in Cortina D'Ampezzo, Italy, Tuesday, March 25, 2025. (AP Photo/Luca Bruno) FILE - Construction work takes place at the Cortina Sliding Center, venue for the bob, luge and skeleton disciplines at the Milan Cortina 2026 Winter Olympics, in Cortina d'Ampezzo, Italy, Thursday, Jan. 16, 2025. (AP Photo/Giovanni Auletta, file) FILE - Construction work takes place at the Cortina Sliding Center, venue for the bob, luge and skeleton disciplines at the Milan Cortina 2026 Winter Olympics, in Cortina d'Ampezzo, Italy, Thursday, Jan. 16, 2025. (AP Photo/Giovanni Auletta, file) FILE - Construction work takes place at the Cortina Sliding Center, venue for the bob, luge and skeleton disciplines at the Milan Cortina 2026 Winter Olympics, in Cortina d'Ampezzo, Italy, Thursday, Jan. 16, 2025. (AP Photo/Giovanni Auletta, file) Construction work takes place at the Cortina Sliding Center, venue for the bob, luge and skeleton disciplines at the Milan Cortina 2026 Winter Olympics, in Cortina D'Ampezzo, Italy, Tuesday, March 25, 2025. (AP Photo/Luca Bruno) Construction work takes place at the Cortina Sliding Center, venue for the bob, luge and skeleton disciplines at the Milan Cortina 2026 Winter Olympics, in Cortina D'Ampezzo, Italy, Tuesday, March 25, 2025. (AP Photo/Luca Bruno) FILE - Construction work takes place at the Cortina Sliding Center, venue for the bob, luge and skeleton disciplines at the Milan Cortina 2026 Winter Olympics, in Cortina d'Ampezzo, Italy, Thursday, Jan. 16, 2025. (AP Photo/Giovanni Auletta, file) FILE - Construction work takes place at the Cortina Sliding Center, venue for the bob, luge and skeleton disciplines at the Milan Cortina 2026 Winter Olympics, in Cortina d'Ampezzo, Italy, Thursday, Jan. 16, 2025. (AP Photo/Giovanni Auletta, file) With the 2026 Milan-Cortina Olympics less than a year away, organizing committee CEO Andrea Varnier said he has 'absolutely no doubt' that sliding sports will be held in Cortina d'Ampezzo, Italy, after testing went well last week. There was concern that the venue for bobsled, luge and skeleton might not be ready in time for next February's Games. The International Olympic Committee even demanded a Plan B option that could have the events moved to Lake Placid, New York, if things fell apart. Advertisement The International Bobsled and Skeleton Federation said last week's testing period at the track was 'successful.' Now, Varnier is confident about the pace rebuilding the century-old sliding center is on. 'We were always very optimistic, but until the pre-homologation (testing) of course, there were a lot of doubts around us,' he said. 'But we were confident, and we're very happy now.' Officials from the International Bobsled and Skeleton Federation, International Luge Federation and the International Olympic Committee will determine whether the track receives official preliminary certification. Last week's events were enough to leave Varnier in good spirits. Completion is scheduled for Nov. 5, then there would be homologation and handover to Fondazione Milano Cortina 2026 to hold the Games. Before the Olympics, the International Bobsled and Skeleton Federation and International Luge Federation are set to use the new track for international training and test events. Advertisement Varnier said it is important that the sliding sports be held in Cortina to improve the experience for those involved. 'Very happy because that would be ideal for the athletes to be all together, to stay together in Cortina,' he said. 'Will be ideal for the spectators who will have a more truly Olympic experience in Cortina, and also for for the media and all the operators that -- it would have been very difficult to follow those sliding sports somewhere else in the world.' ___ AP Winter Olympics:
