Cost of staging Milan-Cortina 2026 set to surpass €2bn

The logo for the 2026 Milan Cortina Winter Olympic Games is shown during the closing ceremony of the 2022 Beijing Winter Games on February 20, 2022. (Getty Images)

The budget for the 2026 Winter Olympic and Paralympic Games in Milan and Cortina d’Ampezzo is set to rise to more than €2bn ($2.04bn).

Italian newspaper Il Fatto Quotidiano, citing a report published by the regional government in Veneto, said that the list of expenses for the event has increased to €2.165bn.

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