Annecy (France) bids for the Olympic Wintergames 2018Annecy, Munich, Pyeongchang submit bids for 2018Published:Fri, 02 Jul 2010 00:03:13 -0700
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Each of the 15 medals that Russia won at the Vancouver Winter Olympics cost the country a staggering 388 million rubles ($12.4 million), the Audit Chamber said in a report that cr......
Three cities have formally applied to host the 2018 Winter Olympics.
The International Olympic Committee says Munich, the French city of Annecy and the South Korean resort of Pyeongchang submitted their bids.
After an initial evaluation process, the IOC executive board will decide June 2010 which cities to accept as official candidates.
The full IOC will select the 2018 host city at its session in Durban, South Africa, on July 6, 2011.
Munich, which held the 1972 Summer Olympics, aims to become the first city to host both the summer and winter games. Pyeongchang is bidding for the third straight time after narrowly losing out for the 2010 and 2014 Winter Olympics.
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