Sport in Brazil
  • With public money for the 2016 Olympics getting tougher to find, Brazilian organizers are scrambling to raise record amounts of local sponsorship revenue to cover any budget shortfall.

    This April 11, 2013 photo shows the Olympic Park under construction in Rio de Janeiro, Brazil. With financial backing for the 2106 Olympics drying up, Brazilian organizers are scrambling to raise record amounts of local sponsorship money to cover any budget shortfall and avoid a government bailout.
    LAST UPDATE : Nov 07, 2013, 10:27 AM EST
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