Budapest will withdraw its bid to host the 2024 Olympics, leaving Los Angeles and Paris as the two candidate cities for an IOC vote to determine the host in September, according to news agencies.
Previously, Hamburg and Rome withdrew their 2024 Olympic bids.
The last time two or fewer cities were finalists for a Summer Olympics was 1988, when Seoul beat out Nagoya, Japan, in an IOC vote.
The 2022 Winter Olympics also came down to two cities, with Beijing defeating Almaty, Kazakhstan.
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