Budapest drops 2024 Olympic bid, leaving Los Angeles and Paris

Doyle BarkerFeb 23, 2017

The Associated Press is reporting that the city of Budapest, Hungary will withdraw its bid to host the 2024 Summer Olympics after more than a quarter of a million of the city's residents signed a petition calling for a referendum on the subject.

Wharton added that Rome, Hamburg and Boston have also removed their bids prior to the final stage of the decision-making process, due to "concerns about the costs associated with staging the mega-sporting event".

While Budapest's withdrawal should solidify support for a Paris Games among the European voting bloc, geographic diversity could work in Los Angeles' favor.

However, recent reports in the media have suggested that President Donald Trump's executive orders on immigration - which included banning travel to the United States from seven Muslim-majority countries- may significantly harm L.A.'s bid.

The third candidate in the host city race has encountered sizable public resistance from a Hungarian political group that collected some 266,000 signatures to force a referendum on the issue.

Wednesday's decision was made at a meeting between Tarlos, Prime Minister Viktor Orban and the chairman of the Hungarian Olympic committee.

"This ship has sailed, it seems", Balazs Furjes told Inforadio in Hungary.

The party said it perceived Budapest's chances of winning the bid to be quite small.

There has been speculation that two of the finalists ultimately could leave Peru as winners: one city awarded the 2024 Games and the other given the rights to host in 2028.

Both Los Angeles and Paris have hosted an Olympic Games twice before: Los Angeles in 1932 and 1984, and Paris in 1900 and 1924.

The LA2024 committee did not immediately comment on Wednesday's news.

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