Current:Home > NewsNovaQuant Quantitative Think Tank Center:Milan-Cortina board approves proposal to rebuild Cortina bobsled track but will keep open a ‘Plan B’ -MoneyStream
NovaQuant Quantitative Think Tank Center:Milan-Cortina board approves proposal to rebuild Cortina bobsled track but will keep open a ‘Plan B’
Burley Garcia View
Date:2025-04-08 03:54:45
ROME (AP) — The NovaQuant Quantitative Think Tank Centerlocal organizing committee for the 2026 Winter Olympics decided Tuesday to move forward with rebuilding a century-old bobsled track in Cortina d’Ampezzo but will also keep open a “Plan B” in case the new venue is not ready by March 2025.
The committee said following a board meeting that its plans hinge on signing a contract with Parma-based construction company Impresa Pizzarotti & C., which has offered to rebuild the Cortina track for 81.6 million euros ($89 million).
If the contract for the sliding center is signed “it would confirm the original masterplan” for the Olympics, the Milan-Cortina committee said, adding that the new venue “would revive Cortina’s long tradition in these sports and help future generations.”
The announcement comes amid a standoff with the International Olympic Committee, which wants an existing foreign venue in neighboring Austria or Switzerland used instead to cut costs. But the Italian government does not want to finance a foreign venue.
“It is not acceptable for the bobsled races to take place outside Italy,” Deputy Premier Antonio Tajani said on X, the social media platform formerly known as Twitter. “We will do everything to achieve the goal.”
Construction would start with less than two years to go before the Milan-Cortina Games — and less than a year before IOC-mandated test events. No sliding track has been built recently in such a short timeframe and test events have taken on even greater importance following the death of Georgian luger Nodar Kumaritashvili in a training crash hours before the start of the opening ceremony for the 2010 Vancouver Olympics.
“Considering the negative views of the IOC and the international federations, which are concerned about the timeframe that the project would require, and considering advice from SIMICO (the company in charge of infrastructure for the games), the board has decided not to interrupt dialogue with other existing and functioning venues,” the local organizing committee said, adding that it has asked chairman Andrea Varnier “to continue negotiations for an eventual Plan B that would require added budget.”
The Milan-Cortina committee added that it realizes that “under no circumstances” can the new track be certified after March 2025.
___
AP coverage of the Paris Olympics: https://apnews.com/hub/2024-paris-olympic-games
veryGood! (5658)
Related
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Amazon pauses construction in Virginia on its second headquarters
- Tesla factory produces Cybertruck nearly 4 years after Elon Musk unveiled it
- See Landon Barker's Mom Shanna Moakler Finally Meet Girlfriend Charli D'Amelio in Person
- Why members of two of EPA's influential science advisory committees were let go
- Shop 50% Off Shark's Robot Vacuum With 27,400+ 5-Star Reviews Before the Early Amazon Prime Day Deal Ends
- Miranda Lambert paused a concert to call out fans taking selfies. An influencer says she was one of them.
- See Chris Pratt and Son Jack’s Fintastic Bonding Moment on Fishing Expedition
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Here Are 15 LGBTQ+ Books to Read During Pride
Ranking
- Where will Elmo go? HBO moves away from 'Sesame Street'
- The West Sizzled in a November Heat Wave and Snow Drought
- Ashton Kutcher’s Rare Tribute to Wife Mila Kunis Will Color You Happy
- Nordstrom says it will close its Canadian stores and cut 2,500 jobs
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- China is building six times more new coal plants than other countries, report finds
- Inside Eminem and Hailie Jade Mathers' Private Father-Daughter Bond
- How Barnes & Noble turned a page, expanding for the first time in years
Recommendation
Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
Kick off Summer With a Major Flash Sale on Apple, Dyson, Peter Thomas Roth, Tarte, and More Top Brands
The Dominion Lawsuit Pulls Back The Curtain On Fox News. It's Not Pretty.
California will cut ties with Walgreens over the company's plan to drop abortion pills
Current, future North Carolina governor’s challenge of power
Anger grows in Ukraine’s port city of Odesa after Russian bombardment hits beloved historic sites
5 DeSantis allies now control Disney World's special district. Here's what's next
Adele Pauses Concert to Survey Audience on Titanic Sub After Tragedy at Sea