The International Equestrian Federation (FEI) has re-opened the bidding process for its 2018 World Equestrian Games, following Canada’s financial shortcoming to host the event.
During today’s presentation to the FEI, Canadian joint bidders Bromont/Montreal failed to provide the full public-sector financial support, despite its national equestrian federation signing off the bid before the November 2011 deadline confirming solid finances.
FEI president Her Royal Highness Princess Haya said: “The Bromont/Montreal bid was very impressive on all technical aspects and it is hugely disappointing, both for the bid team and for the FEI, that the bureau was unable to allocate the FEI World Equestrian Games 2018 today.
“Unfortunately, without the necessary financial support, the FEI and the organisers would be exposed to an unacceptable financial risk. In these circumstances, re-opening the bidding process was clearly the only option open to us, but we are very hopeful that Bromont/Montreal will be a part of that new bidding process.”