Budapest’s mayor, Gergely Karácsony, has stated that the city would need a decade of significant development to be capable of hosting the Olympic Games. He believes an Olympics would be economically beneficial for the city. Karácsony also revealed he supported a previous Olympic bid launched in 2015. His comments suggest a potential future bid would be contingent on substantial infrastructural improvements. The mayor’s statement frames Olympic hosting not merely as a sporting event, but as a catalyst for urban progress. He did not specify current plans for a bid, but indicated a willingness if the city reaches a suitable level of development. This contrasts with previous concerns regarding the financial feasibility of hosting the Games.