Artist conception of track and field venue at L.A. Memorial Coliseum at 2024 Olympics. Image via
Artist conception of track and field venue at L.A. Memorial Coliseum at 2024 Olympics. Image via

After several days of silence, the LA 2024 Olympic Bid Committee responded Friday to the news that Budapest will be withdrawing from the competition to host the Games, making Paris the only other bidder for the event.

“All of us at LA 2024 are disappointed in this news. We have the highest respect for Budapest 2024’s pioneering approach to designing and promoting their bid, and we look forward to continued friendship with our Hungarian colleagues,” LA 2024 Chairman Casey Wasserman.

“The world is entering an era of unprecedented change. This is the ‘new reality’ for the Olympic Movement and it calls for new thinking. We believe that now, more than ever, the IOC must focus on selecting a 2024 host city that redefines sustainability, connects the Olympic Movement and its benefits to the world’s youth like never before and encourages future cities to bid for their Games.”

Public support among Hungarians for the bid was reportedly waning, but Wasserman noted that support runs high in L.A.

“With 88 percent public support, and even higher support from young Angelenos, LA 2024 offers an innovative, low-risk and truly sustainable solution to help secure the future of the Olympic Movement in 2024 and beyond,” Wasserman said.

The International Olympic Committee is scheduled decide in September who will host the 2024 summer Games.

The Los Angeles City Council last month approved the contract it would sign if the city is awarded the games 2024 Games, along with a final list of venues for events — including a plan to use both the Memorial Coliseum and the under-construction NFL stadium in Inglewood for the opening and closing ceremonies.

LA 2024 has proposed a privately financed, balanced budget of $5.3 billion for the Games, although Los Angeles must cover any budget shortfalls, according to the contract.

A core part of the balanced budget plan is to only use existing venues like the Coliseum and Staples Center and not build any new permanent buildings just for the Games, and to capitalize on the billions of transportation improvements the city already has planned.

— City News Service

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