Source: Fortune
Summary
New York state is forming an exploratory committee to consider a bid to co-host a future Winter Olympics with Lake Placid and New York City. The announcement from Gov. Kathy Hochul’s office suggests a dual-hosting format, similar to the 2026 Winter Olympics in Milan and Cortina. The committee will take about a year to complete its work and will be chaired by Ashley Walden, president and CEO of the Olympic Regional Development Authority. The state is considering a bid for the 2042 Games, as the 2034 and 2038 Games have already been awarded to Salt Lake City and Switzerland, respectively.
Our Reading
The announcement sounds familiar.
Lake Placid, a former host of the Winter Olympics in 1932 and 1980, is being considered as a potential co-host with New York City. The exploratory committee will take a year to complete its work, and the chair, Ashley Walden, will lead the effort. The state is eyeing the 2042 Games, as the next available spot. Gov. Kathy Hochul says “the time is now to return the Olympic flame back to New York.”
The numbers tell a story of a state eager to host the Olympics again, but also aware of the challenges and uncertainties involved.
Author: Evan Null
