[1] On 1 March 2017, Budapest withdrew its bid to host the 2024 Summer Olympics, leaving only Los Angeles and Paris in the race.

In February 2015, the MOB recommended that the bid plan go forward and with the General Assembly of Budapest began work on detailed cooperation for the Games.

Water and movement are the key elements of the Budapest 2024 logo, the result of a national contest that involved almost 200 artists, children, graphic designers, and students.

[5] On 22 February 2017, Budapest announced that it would withdraw its bid to host the 2024 Summer Olympics, leaving only Los Angeles and Paris in the race.

[11] Most Hungarian opposition parties and civil organisations criticised the government for the bid, accusing it of corruption and of spending money on the Olympic Games instead of developing healthcare, education and transportation in Budapest.

In January 2017 a civil organisation called Momentum Movement started a petition to have a referendum for Budapest residents on whether or not to host the Summer Olympics in 2024.

Several opposition parties, such as Lehet Más a Politika (LMP), Együtt, Párbeszéd Magyarországért (PM), Magyar Szocialista Párt (MSZP) and Demokratikus Koalíció (DK) joined the movement, as well as Magyar Kétfarkú Kutya Párt (MKKP), which also started a satiric poster campaign against the bid in February.