In a major surprise, Chicago’s bid to land the 2016 Olympic Games ended in the first round of the International Olympic Committee’s voting.
Tokyo also has been eliminated.
Rio de Janeiro and Madrid remain, with Rio projected as the favorite. The Olympic Games have never been held in South America, and Rio will also play host to the 2014 World Cup soccer tournament.
The winning bid announcement is expected to be made at 11:57 a.m. Central Time and will be broadcast live at an event in Daley Plaza.