• Home
• Channel: Sport
• $19 Million Plan For New Sports Arena In Budapest

$19 Million Plan For New Sports Arena In Budapest

• 16 Apr 2018 1:16 PM
• The Budapest Beacon

The planning of a new sports stadium to be built in Budapest will cost Hungarian taxpayers HUF 4.723 billion (USD 19 million), reports napi.hu.

The 15,000-seat capacity sports stadium (pictured), which reportedly could be expanded to accommodate 55,000, is to be built in the 15-hectare territory purchased by the state in 2014 for HUF 16.5 billion (USD 66 million) as part of Hungary’s bid to host the 2024 Olympics.

Hungary withdrew the bid on March 1st, 2017 after the Momentum Movement collected enough signatures to force a referendum on the question of whether or not Budapest should host the Olympics.

The referendum was never held.

The planning tender has been awarded to a team of planners led by Napur Architect, the planning firm that designed the Duna Aréna stadium built in record time at record cost for Budapest to host the 2017 World Aquatics Championships.

The tender was awarded by the Nonprofit Center for Government Projects of Special Importance (KKBK) on March 29th.

Rather than hold an open tender, KKBK invited several select companies to submit proposals for the “complete planning of the Budapest Athletic Stadium within the framework of the Ferenc Kemény Sports facility development program.”

• How does this content make you feel?
• I love it
• I like it
• I dislike it

• New Sports Arena Budapest

XpatLoop Media Partner

The Budapest Beacon

This online English language news outlet specialises in Hungarian current affairs, with a rather anti-govt stance. Publishing regularly since 2013, they have also released podcasts and videos, always with a committed to fact-based reporting about what is really happening in Hungary.

Explore More Reports

Top 20 Hungarian Footballers of All Time

• 26 Nov 2025 1:21 PM

Today is the 72nd anniversary of what is known in Hungary as ‘The Game of the Century’, Hungary beating England 6–3 at Wembley Stadium in an international friendly. Since 1993, 25 November has been designated as the Day of Hungarian Football in the Country.



'Marathon Tourism' Brings Over 50,000 Foreign Visitors to Budapest

• 20 Nov 2025 5:31 AM

This year's Telekom Vivicitta, Wizz Air Budapest Half Marathon and SPAR Budapest Marathon Festival attracted over 50,000 foreign visitors to the capital, a new record, the Budapest Sport Office (BSI) said on Wednesday.



Last-Minute Heartbreak Sees Hungary's World Cup Football Hopes Dashed by Ireland

• 17 Nov 2025 6:59 AM

A 96th-minute goal from Republic of Ireland striker Troy Parrott condemned Hungary to a 3-2 home loss in their final group-stage qualifier and means that Marco Rossi's squad will not be present at next summer's World Cup.



Hungary Move Close to World Cup Play-Offs After Victory in Armenia

• 14 Nov 2025 8:50 AM

Barnabás Varga's 33rd-minute header was enough to secure all three points in Armenia on Thursday evening, a result that leaves Hungary on the verge of securing second place in Group F and with it, a play-off to contest qualification to next year's FIFA World Cup in North and Central America.