BREAKING! Rio Wins The 2016 Olympic Bid!

by Rachelle Hruska · October 2, 2009

Here's what losing looks like....photo from an avid gofg reader at the Plaza de Oriente, Madrid.

Rio de Janeiro, Brazil will host the 2016 Summer Olympics. It is the first time South America will host an Olympic event. The city has budgeted $14.4 billion to the effort, the largest amount of any of the four finalist, including our President's hometown, Chicago. [via]

[Photo of the Day: Chicago Prepares]

Click below for a photo of the winner's reaction...

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