he 2014 Winter Olympics, officially the XXII Olympic Winter Games, or the 22nd Winter Olympics, are scheduled to take place from 6 to 23 February 2014, in Sochi Russia, with some events held in the resort town of Krasnaya Polyana. Ninety-eight events in fifteen winter sports will be held. Both the Olympics and 2014 Winter Paralympics are being organized by the Sochi Organizing Committee (SOC). Sochi was selected as the host city on 4 July 2007, during the 119th IOC Session held in Guatemala City,[4] defeating bids from Salzburg, Austria, and Pyeongchang, South Korea. The Sochi Olympics will be the first Olympics in the Russian Federation since the breakup of the USSR.
The events of the 2014 Winter Olympics will be held around two clusters of new venues; an Olympic Park was constructed in the Imeretin Valley on the coast of the Black Sea, with Fisht Olympic Stadium and the Games' indoor venues located within walking distance, and snow events will be held at Krasnaya Polyana. In preparation for the games, organizers focused on modernizing the telecommunications, electric power, and transportation infrastructures of the region. While originally budgeted at US$12 billion, various factors caused the budget to expand to over US$51 billion, making the 2014 Winter Olympics the most expensive Olympics in history.
