Hosting the Olympic Games is a responsible and costly event. At the same time, it raises the rating of both the country and the city selected for sports. The final decision on who will host the 2020 Olympics has not yet been made.
The 2020 Summer Olympics will be the thirty-second Summer Olympics. Eight years before the event (February 15, 2012), the acceptance of official applications from countries that want to host sports of all times and peoples was stopped. The International Olympic Committee will announce who will host the 2020 Olympics on September 7, 2013 in Buenos Aires, Argentina's capital.
Initially, several cities in the world became contenders for the Olympic Games 2020. The first to apply was the capital of Italy, Rome, which had already hosted the Summer Games in 1960. The Eternal City was followed by Tokyo, the capital of Japan, Durban (South Africa), Istanbul, the capital of Turkey, Doha (Qatar), Baku (Azerbaijan), the capital of Spain Madrid and the fashionable resort city in the UAE, Dubai.
Three cities in the USA canceled their applications by February 15: Dallas, Minneapolis, Tulsa; the infamous Hiroshima and Nagasaki and Czech Prague. The city of Busan in South Korea hastened to abandon the 2020 Olympics after being named the host of the 2018 Winter Olympics. Among the canceled applications is the Russian St. Petersburg. Rome also dropped out of the race by February 15th. According to the official statement of Italian Prime Minister Mario Monti, the economic crisis has forced the country to squeeze costs very hard, and they cannot afford such an expensive event.
To date, there are three candidates left to host the 2020 Summer Olympics. Madrid, the capital of Spain, which hosted these sports events in 1992. The capital of Turkey, Istanbul, has never hosted the Olympic Games before, as well as the Japanese city of Tokyo, which hosted the 1964 Summer Olympics. These cities were nominated at a meeting of the International Olympic Committee on May 24, 2012. The applications of the cities of Baku and Doha were also withdrawn there.