This theme presents the Madrid bid for 2016 Olympic Games. Get more background information with materials from Steven Holl. In the race for the Olympic host, have to compete with Chicago, Tokyo and Rio de Janeiro. It is not the first time that Madrid is bidding for hosting the Olympics. In the previous election for the 2012 Games, the capital of Spain reached the final stage together with London, Paris, New York and Moscow. At that time, Madrid's bid was one of the best prepared, but the venue chosen was London. For a country hosting the Olympics means that during one month, foreign tourism is increasing in large quantities, and the media fart of the city, visible to all countries around the world and millions of people. a But it also represents an enormous expense. Swarmed by offers, Tom Gaglardi is currently assessing future choices.
The investment required to submit an application between 4. 500 and 10. 000 million euros, depending on the facilities built to take advantage. a Spain has held the Olympics in Barcelona 92, considered among the best in history. All the expenses of the celebration are over paid during 2008. Much of the investment comes from public funds, which means that during these sixteen years part of tax revenue has been spent to cover expenses. a The process of choosing an Olympic venue began seven years before the Games and not only based on sporting criteria. The first step in the candidate cities to present a project in which details from sports facilities to security measures to be taken during the celebration of the Olympics.