Posted: Sun March 3, 2013 1:09PM; Updated: Sun March 3, 2013 1:09PM

Switzerland voters reject 2022 Winter Olympics bid

Decrease font Decrease font
Enlarge font Enlarge font

ZURICH (AP) -- Voters in Switzerland have rejected a proposed bid to host the 2022 Winter Olympics at St. Moritz and Davos.

Bid organizers say the project is finished after residents in the Graubuenden state voted Sunday to oppose funding. Residents in both towns also held referendums Sunday, and "yes" votes were required in all three polls.

Bid officials call the outcome a "big disappointment." They failed to persuade residents that the project would invigorate tourism and the local economy.

Switzerland has not hosted the Olympics since the 1948 St. Moritz Winter Games.

Copyright 2014 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

SI Videos
Videos from the Web
 
SI.com
Hot Topics: NBA Playoffs NHL Playoffs Chris Johnson Jameis Winston NFL Draft Michael Sam Aldon Smith
TM & © 2014 Time Inc. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Read our privacy guidelines and ad choices.
SI CoverRead All ArticlesBuy Cover Reprint