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  • #ICYMI: ISL/FINA Resolution; Milan/Cortina Excitement; Rio Study


    (ATR) #ICYMI -- In Case You Missed It ... Sometimes the best stories don't get the attention we think they deserve. Here are our staff picks for articles this week they really want you to know about.

    ISL: FINA's Work Not Completed

    The International Swimming League (ISL) welcomes FINA’s decision to allow elite athletes the right to compete in non-FINA events but says the swimming federation still has work to do.
    ISL financier Konstantin Grigorishin (right) with ISL ambassador Federica Pellegrini
    (Instagram Federica Pellegrini)

    “This is a step in the right direction to free swimmers to compete more and earn more,” Andrea di Nino, Managing Director of the ISL, said in a statement. “FINA’s capitulation comes in reaction to ISL’s and elite swimmers antitrust lawsuits that exposed FINA’s illegal threatened ban of swimmers who participate in ISL’s events.”

    The lawsuits, filed five weeks ago in California, were a response to ISL being forced in November to cancel the Energy for Swim 2018 competition scheduled for December in Turin after FINA threatened to ban athletes for up to two years for competing in what it had ruled was an unapproved meet.

    Following a meeting of FINA leadership and selected national federations in Lausanne on Tuesday, FINA says that swimmers are now free to participate in competitions or events staged by independent organizers.

    Click here to read the full story.

    Italian Skiers Excited About Milan-Cortina 2026 Bid

    Italian athletes are thrilled about a potential Olympic Winter Games return to Cortina d’Ampezzo.
    Olympia delle Tofane course on the far left of Cortina’s Tofane Di Mezzo (ATR)

    The 1956 Winter Olympics host city is welcoming its annual women's FIS Alpine World Cup races Friday through Sunday, as critical preparations for the 2021 World Championships are ongoing.

    Many in the Italian winter sports community are hoping the races are a prelude to the 2026 Olympics. A successful bid would bring the Olympics back to the chic Italian Dolomites resort 70 years after it last hosted the Games.

    “For sure, we are here to support this movement,” said 27-year-old Italian ski racer Elena Curtoni about the bid. “It would be such a positive thing for Italy and especially my younger teammates.

    “It’s important to explain to the world our history and our legend of this place and slope,” Curtoni said, referring to the Olympia delle Tofane piste, which skiers also raced down during the 1956 Games.

    Click here to read the full story.

    Study: Olympics Spending Delayed Recession in Rio

    A Brazilian economic study says the gross domestic product of Rio de Janeiro from 2012-15 would have been 7.5 percent smaller if not for the 2016 Olympic Games.

    The Rio 2016 Olympic Park (ATR)
    The study was produced by the Brazilian Institute for Applied Economic Research (IPEA), a publicly run think tank.

    To generate the findings, author Glauter Rocha, used a synthetic control method which used economic data from 15 other Brazilian cities with populations over one million to create a mock Rio de Janeiro that did not host the Olympics. The study showed that public investment for the Olympics staved off the effects from the 2014 Brazilian recession for municipal GDP per capita in relation to other cities.

    In the study Rocha posited that the effects could be used to extrapolate future economic conditions from Rio because of the favorable climate created by the public investment. This could show future increases in sectors such as tourism and exports, according to a release about the study.

    Brazil did in fact have a record number of international tourists visit the country in 2017, the year after Rio hosted the Olympics.

    Rocha’s results echo a similar study done on Rio’s municipal GDP commissioned by outgoing mayor Eduardo Paes in 2016.

    Click here to read the full story.

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