Italian athletics federation withdrew its candidacy to host the 2027 world championships in Rome due to the government's refusal to guarantee the $92 million needed. Italy will host the European Championships for athletics in Rome this June.
Key Points
Italian athletics federation withdrew its candidacy for hosting the 2027 world championships in Rome.
Government refused to guarantee the $92 million needed for the event.
Italy will host the European Championships for athletics in Rome this June.
Beijing is expected to be assigned the 2027 event.
Pros
Italy's athletics team had a breakout performance at the Tokyo Olympics winning five gold medals.
Italy will host the European Championships for athletics in Rome this June.
Cons
Italy withdrew its candidacy due to the government's refusal to guarantee the $92 million needed to host the 2027 world championships.