Olympic Games of 2016, costs per athlete are on average US$599,000 for the Summer Games and $1.3 million for the Winter Games. For London 2012, cost per athlete was $1.4 million; for Sochi 2014, $7.9 million. Where ambitious construction for the 1976 games in Montreal and 1980 games in Moscow had saddled organisers with expenses greatly in excess of revenues, 1984 host Los Angeles strictly controlled expenses by using existing facilities except a swim stadium and a velodrome that were paid for by corporate sponsors. The Olympic Committee led by Peter Ueberroth used some of the profits to endow the LA84 Foundation
Winter Olympic Games City, previously a candidate for the 1972 Winter Olympics, then put itself forward, but the IOC opted instead to invite Innsbruck to host the 1976 Games, as most of the infrastructure from the 1964 Games had been maintained. Despite only having half the usual time to prepare for the Games, Innsbruck accepted the invitation to replace Denver in February 1973. Two Olympic flames were lit because it was the second time that the Austrian town had hosted the Winter Games. The 1976 Games featured the first combination bobsleigh and luge track, in neighbouring Igls. The Soviet Union won its fourth