Skip to content
Monday 10 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
MorningWire

European business, markets and politics

FTSE 100
10,862.50
-0.35%
DAX
26,323.88
+0.02%
CAC 40
8,726.03
+0.13%
STOXX 50
6,535.62
+0.18%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Monday 22 June 2015 9:53 am

Paris and Budapest to bid for 2024 Olympic Games

By: James Nickerson

Add as a preferred source on Google

Two capitals of Europe, Paris and Budapest, are set to enter the race for the 2024 Olympic Games bid, with Paris’ bid to become official on Tuesday.

The cities will join Boston, Hamburg and Rome, with the winning city to be announced in September 2017, by an International Olympic Committee (IOC) members vote that will take place in Lima.

In April the city council of Paris approved the bid, looking to host the Olympics a century after it held the games in 1924. The city also hopes to surpass its 2008 and 2012 bids, where it was considered favourite but lost out to Beijing and London.

Paris has been unsuccessful in two consecutive Olympic bids (Source: Getty)

The city, which is expected to be an immediate favourite alongside Boston, wants athletes and sports officials to lead the bid, rather than statesmen.

Echoing the success of London 2012, led by Sir Sebastian Coe, the Paris bid will be led by three-time canoeing Olympic champion Tony Estanguet.

Tony Esanguet and Bernard Lapasset after the presentation of the Paris Olympic project on June 3, 2015 (Source: Getty)

Meanwhile, the mayor of Budapest, Istvan Tarlos, only started backing the idea of joining the contest in May. 

Given the long campaign season, it is expected more cities will enter. Bids must be submitted by September 15 this year.

New bidding rules have emerged that should make it cheaper and less burdensome to host the two-week contest, which Olympic officials say should help underdogs.

With many countries having suffered financial loss from the games and some populations against their cities bidding, the IOC is eager to see high public support from the winning city.

Paris major Hidalgo has promised a consultation with the public about the games, with Boston and Hamburg putting the decision to a public vote.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business

Related Topics

  • Olympics 2016

Trending Articles

  • Nottingham Forest owner Marinakis sues Crystal Palace for defamation

  • Back to basics: Sainsbury’s gradual retreat from the British high street

  • Thames Water faces fresh threat to survival after pensions regulation breach

  • Hargreaves Lansdown orders staff back to office

  • As it happened: Intel, Arm shares slide; Oil climbs higher

More from Morning Wire

  • India’s £300m Commonwealth Games dress rehearsal for 2036 Olympics

    Sport Business
    Indian athlete in blue tracksuit receives a white scroll from a woman in a green traditional dress, flanked by two men in ...
  • LA28 Olympic Hospitality Launches New Once-in-a-Lifetime Packages for Equestrian, Golf, Beach Volleyball and More

    Business Wire
  • Russians are poised to compete at the LA 2028 Games as IOC lifts ban

    Sport Business
    Getty Images logo displayed on a computer screen in a dimly lit room, emphasizing its prominence in digital media.
  • NBA Europe bosses using World Cup final to hold talks with football club chiefs

    Sport Business
    Getty Images logo on a blue background, representing stock photo agency in a business news context
  • Ex-UK minister Robertson rubbishes Ukrainian claims he aided Russia’s Olympic return

    Sport Business
    Sir Hugh Robertson, British Olympic Association, wearing a poppy and name tag, at an event
  • Nobel Peace Prize maker’s UK arm seeks administrator

    Business
    Close-up of a golden Nobel Prize medal featuring Alfred Nobels profile on a dark, textured background.
  • From crown jewel to €180m courtroom battle: The investor revolt targeting Atos

    Markets
    Atos logo prominently displayed on a modern office building, highlighting its corporate presence and technological expertise.
  • How sevens and Olympics can be commercial rugby lifeline

    Sport Business
    Smiling athlete in white jacket holding a gold medal, reaching out to cheering fans in a stadium.
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook