Hungarian taxpayers fund record prize pool for inaugural athletics World Challenge in Budapest

Budapest staged the first athletics World Challenge over the past weekend, following a rapid change of organizers and a contract signed with the state. Documents show the government contributed a substantial share of the total budget, covering both the event’s organizational costs and the record-breaking prize pool for athletes. The competition did not include all Olympic events, omitting hurdles and discus, but included hammer throw where Hungary’s Bence Halász competed.

State officials cited the event as a stepping stone for future bids, while an International Olympic Committee member praised the hospitality. The contract stipulates that the host city retains ticket revenue and a larger share of sponsorship and broadcast rights, with the prize money paid tax-free to winners. Attendance reached 61,000 tickets, generating significant ticket income, and the event attracted extensive international media coverage.