Madrid bid for the 2016 Summer Olympics of the IOC. The Spanish Olympic Committee (SOC) confirmed Madrid as its candidate city to host the 2016 Summer Olympics and Paralympics on May 30, 2007. This is the city's second consecutive bid and its third failure, after two failed attempts for the 1972 and the 2012 Summer Olympics. Geographic issues were highlighted as a major problem for Madrid due to recent Olympic Games in Europe as the 2012 Summer Olympics in London, United Kingdom, and the 2014 Winter Olympics in Sochi, Russia. If successful, it would be the second Olympics hosted in Spain, after the 1992 Summer Olympics held
Madrid bid for the 2012 Summer Olympics candidacy campaign was, ""Ready for you"." Madrid was eliminated in the third round of the ballot to select a host city at the 117th IOC sitting on July 6, 2005 in Singapore attended by Her Majesty Queen Sofia of Spain. The candidature scored the second highest mark of 8.3 in the IOC report, ranking first in six categories. Their evaluation was mostly favourable. Madrid bid for the 2012 Summer Olympics Madrid 2012 was one of the five short-listed bids for the 2012 Summer Games. Madrid and New York City were the only two cities that opted to hold the 2012