2016 Summer Olympics

Budapest to withdraw bid to host 2024 Summer Olympics

Budapest will withdraw its bid to host the 2024 Summer Olympics, leaving only Los Angeles and Paris in the race.

Hungarian government spokesman Zoltan Kovacs confirmed the withdrawal to The Associated Press on Wednesday.

The joint decision by Prime Minister Viktor Orban, Budapest Mayor Istvan Tarlos and the Hungarian Olympic Committee will be formally voted on by the Budapest City Assembly, where Orban's governing Fidesz party has a comfortable majority.

The International Olympic Committee will choose the host city in September.

Fidesz officials said the decision was made to avoid a loss of prestige for Hungary.

"When the opposition attacked the...