2002 Winter Olympics The cost and cost overrun for Salt Lake City 2002 compares with costs of US$2.5 billion and a cost overrun of 13% for Vancouver 2010, and costs of US$51 billion and a cost overrun of 289% for Sochi 2014, the latter being the most costly Olympics to date. Average cost for Winter Games since 1960 is US$3.1 billion, average cost overrun is 142%. A total of 78 National Olympic Committees sent athletes to the 2002 Olympics. Cameroon, Hong Kong (China), Nepal, Tajikistan, and Thailand participated in their first Winter Olympic Games. The 2002 Winter Olympics featured 78 medal events over
Winter Olympic Games Winter Olympic Games The Winter Olympic Games () is a major international sporting event held once every four years for sports practised on snow and ice. The first Winter Olympics, the 1924 Winter Olympics, were held in Chamonix, France. The modern Olympic games were inspired by the ancient Olympic Games, which were held in Olympia, Greece, from the 8th century BC to the 4th century AD. Baron Pierre de Coubertin founded the International Olympic Committee (IOC) in 1894, leading to the first modern Summer Games in Athens, Greece in 1896. The IOC is the governing body of the Olympic Movement,