Jun 12, 2024, 6:42 PM
Jun 10, 2024, 3:00 PM

Salt Lake City Olympic bid projects $4 billion in total costs for 2034 Winter Games still on track despite French election delay

Highlights
  • Organizers of Salt Lake City's 2034 Winter Olympics bid estimate total costs to be $4 billion, with $2.84 billion for operational expenses.
  • Despite French election delays affecting the 2030 Winter Olympics plans, Salt Lake City remains on track for the 2034 host decision next month.
  • The bid is progressing steadily, showcasing the city's commitment to hosting the prestigious sporting event.
Story

Salt Lake City is on track to host the 2034 Winter Olympics, while the French Alps bid for the 2030 edition faces delays due to unexpected parliamentary elections called by President Macron. The IOC aims to confirm both hosts on July 24, but Macron's announcement of national elections has caused paperwork delays. The tight timeline for the 2030 Games in France poses challenges, with financial and organizational guarantees needing completion before the IOC meeting. Salt Lake City and the French Alps are the sole candidates for 2030 and 2034, respectively, after Sweden and Switzerland withdrew bids. Salt Lake City's projected budget for 2034 is just under $4 billion, with operational costs lower than in 2002 when adjusted for inflation. The IOC will review the numbers and is expected to award the 2034 Games to Salt Lake City in July. The city plans to use existing venues from 2002 and aims to break even with domestic sponsorship. Olympic budgets are known for exceeding projections, but Salt Lake City is committed to staying within budget for the 2034 Games.

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