Budapest drops 2024 Olympic bid, leaving Los Angeles and Paris

Budapest will be withdrawing its bid for the 2024 Games a Hungarian government spokesperson said according to global media reports.

Fidesz, the governing party, said the decision was made to avoid "a loss of global prestige" as the bid had a very small chance of success. The withdrawal of Budapest's candidacy means that for the second straight bid cycle the IOC will decide the host of the Olympic Games from two candidate cities.

The bidding process for the 2022 Winter Olympics also was hampered by waning public interest.

However, recent reports in the media have suggested that President Donald Trump's executive orders on immigration - which included banning travel to the United States from seven Muslim-majority countries- may significantly harm L.A.'s bid.

The initiative, championed by the sports-mad Orban, was dealt a possibly fatal blow last week after a petition garnered enough signatures to force a referendum on the bid.

Furjes gave several reasons why he thought Budapest had a good chance of winning its bid.

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There has been speculation that two of the finalists ultimately could leave Peru as winners: one city awarded the 2024 Games and the other given the rights to host in 2028.

The decision to drop the bid will be formally voted on by the Budapest City Assembly.

This leaves just Paris and Los Angeles in the running, after Boston and Hamburg rejected their own Olympic proposals.

"I like it that people are talking in this way about the Olympic candidature procedure", Bach told The Associated Press there.

Meanwhile, Paris, which had a failed bid for the 2012 Olympics, last hosted the Olympic games in 1924.

  • Tabitha Byrd