2026 Winter Olympics hit by delays and cost worries in Milan-Cortina
Mar 14th 2026
Construction setbacks, a disputed bobsleigh track and mounting price tags have renewed debate over whether hosting the Olympics is worth the cost for local taxpayers.
- The main ice rink is delayed and beset by technical problems, drawing local criticism.
- The Cortina bobsleigh track has been controversial and organizers considered moving sliding events to Switzerland to cut costs.
- The Games carry an estimated budget above $3.5 billion (€3 billion) with the IOC pledging about $925 million to Milan-Cortina.
- Economists warn of recurring post-Games 'white elephant' venues and uncertain long-term economic benefits for hosts.
- Local taxpayers show low support, and experts say cities without existing venues should avoid bidding due to financial risk.
- Proposals to reduce costs include rotating permanent hosts and multi-country staging, but political and human rights questions complicate selection.
- Los Angeles 2028’s use of existing venues and spreading events is highlighted as a practical model to limit spending.