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Olympics

2020 Tokyo Olympics to be postponed due to coronavirus, official says

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Bloomberg
Bloomberg
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Bloomberg
Bloomberg
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March 23, 2020, 3:23 PM ET

International Olympic Committee member Dick Pound said the 2020 Olympic Games in Tokyo will be postponed, the USA Today reported, citing an interview.

Postponement will likely be to 2021; details will be worked out over the next four weeks.

“On the basis of the information the IOC has, postponement has been decided,” Pound said in the interview. “The parameters going forward have not been determined, but the Games are not going to start on July 24, that much I know.”

The IOC will announce next steps soon.

“We will postpone this and begin to deal with all the ramifications of moving this, which are immense,” Pound said.

More coronavirus coverage from Fortune:

—Why the extraordinary dollar surge spells more trouble for the global economy
—Japan finally admits coronavirus might disrupt Tokyo 2020 Olympics
—Which stores are open—and closed—during the coronavirus pandemic in the U.S.?
—What medical experts say about Everlywell’s home coronavirus testing kits
—How to defer your mortgage payment due to coronavirus
—How Emmy season is proceeding, with caution, amid the coronavirus crisis
—Listen to Leadership Next, a Fortune podcast examining the evolving role of CEO
—WATCH: World leaders and health experts on how to stop the spread of COVID-19

Subscribe to Outbreak, a daily newsletter roundup of stories on the coronavirus pandemic and its impact on global business. It’s free to get it in your inbox.

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