Gabba To Receive $1 Billion For Rebuild Purposes If Brisbane Wins Olympics Hosting Rights

Gabba To Receive $1 Billion For Rebuild Purposes If Brisbane Wins Olympics Hosting Rights

The Gabba in Brisbane. (Credits: Twitter)

The Gabba in Brisbane could earn a whopping A$ 1 billion ((USD777 million) for rebuild purposes before hosting the opening and closing ceremonies for the 2032 Olympics. The development emerges on the back of the Gabba in Brisbane, being one of the frontrunners to stage the 2032 Olympics in July. Australian cricket team has a formidable record at the ground, having lost only one Test since 1988.

Queensland Premier Annastacia Palaszczuk remarked that the Gabba might likely enjoy a capacity boost of 50000 from 42000 as part of the renovation. The iconic stadium, which is located in the inner part of Woolloongabba, the reconditioned ground would be linked to a new railway station under construction via a pedestrian plaza.

Gabba To Receive $1 Billion For Rebuild Purposes If Brisbane Wins Olympics Hosting Rights
Scott Morrison having a chat with Steve Smith at the Gabba. (Credits: Twitter)

Australia’s Prime Minister Scott Morrison supported Brisbane’s bid in March, telling the International Olympic Committee that all levels of government in the country endorsed it. While Brisbane remains the frontrunner to host the 2032 Olympics, South Korea’s Seoul revealed that it had sent the IOC a proposal for co-hosting the event with North Korea’s capital Pyongyang.

We are delighted that the Queensland Government has agreed to a major redevelopment of the Gabba: Cricket Australia CEO

Gabba To Receive $1 Billion For Rebuild Purposes If Brisbane Wins Olympics Hosting Rights
Nick Hockley, Cricket Australia’s interim CEO. (Credits: Twitter)

Nick Hockley, Cricket Australia’s Interim CEO, stated that the Gabba remains one of the historic and iconic stadiums in the country and he feels delighted that the Queensland Government has called for its revamp if Brisbane manages to bag the hosting rights.

“The Gabba is one of the most important, iconic and historic cricket grounds in Australia and we are delighted that the Queensland Government has agreed to a major redevelopment should Brisbane win the right to host the 2032 Olympic Games,” Hockley said as quoted by ESPN Cricinfo.

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