Buenos Aires drops out of running for 2023 PanAm Games

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Buenos Aires is dropping out of the running to host the 2023 Pan American Games and will instead focus on a bid for the event four years later, the president of the Argentine Olympic Committee (COA), Gerardo Werthein, said on Friday.

Werthein said the Argentine capital, which will hold the Olympic Youth Games next year, was dropping its plans due to financial reasons, which leaves Chile's Santiago as the only city interested in hosting the quadrennial event in 2023.

"I would like Argentina to present its Olympic candidacy for 2032, but for now I'm only thinking about (the PanAm Games in) 2027," Werthein told reporters.

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