An Olympic gold medal costs a government $55 million
Monday, January 31, 2011 - 11:20
in Earth & Climate
A government needs to invest an average of 40 million euros ($55 million) in order for the country to obtain the highest Olympic prize. That is how much said feat costs according to the calculations of researchers at the Universidad Carlos III de Madrid, Spain, who are carrying out diverse studies in the area of sport economics.