Word: ioc
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Dates: during 2000-2009
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There are eight existing venues that need to be renovated in time for the Games, including the João Havelange Stadium where the track and field events will take place. Three of the venues are new, built for the Pan Am Games; however, they do not meet the IOC's size or technical standards. The velodrome for track cycling, the aquatics center for diving and water polo and the João Havelange Stadium all need extensive work. The existing sites for archery, sailing, rowing, equestrian, shooting, kayak and rowing, as well as the route of the marathon also...
...International Olympic Committee (IOC) convenes in Copenhagen on Oct. 2 to choose the host city for the 2016 Summer Olympics, and for the finalists - Madrid, Rio de Janeiro, Chicago and Tokyo - its decision marks the culmination of a journey of more than two years. They've already weathered both regional selection competitions and IOC evaluations that weeded out three earlier candidates (sorry, Doha, Prague and Baku, Azerbaijan). But for these four cities, the final step in winning the Games is surviving an unusual voting process that in the past has produced surprising upsets - and been shaken by corruption. (See pictures...
...Before voting begins, each city will get the chance to make a final one-hour pitch that's a combination of speeches, video and celebrity endorsements. Voting is done by secret ballot and continues until one city receives a majority of the votes. The IOC has 105 voting members, but those who hail from a potential host country can't vote until that city is eliminated from contention. If no city has a majority at the end of each round of voting, the city with the lowest tally is eliminated and voting continues to another round...
...periodic allegations of corruption. When Atlanta earned the 1996 Games, many thought it was through the intervention of Atlanta-based Coca-Cola, one of the largest Olympic sponsors. Such conspiracy theories generally don't progress beyond whispers, but the 2002 Winter Olympics were an exception. Ten members of the IOC were thrown out after taking gifts from the Salt Lake Bid Committee prior to the vote, which Salt Lake City went on to win. The U.S. Department of Justice brought charges of bribery and fraud against two members of the committee, though charges against both were eventually dismissed...
...more for a chance at lucrative TV and sponsor revenues, as well as prestige on the world stage. The losers don't get any return on their investment other than a host of lessons to draw on for a subsequent second attempt. Who's going to stand alone? The IOC's announcement begins...