FILE - In this Feb. 6, 2016, file photo, Andrew Weibrecht crosses the finish line during a men's World Cup downhill race, a test event for the Pyeongchang 2018 Winter Olympics, in Jeongseon, South Korea. The two-time Olympic medalist in downhill skiing is forging a new life since he retired in May. He's back in college to complete his undergraduate degree, learning the ropes of the family business, the Mirror Lake Inn in Lake Placid, and, most importantly, spending more time with his wife and two young children. (AP Photo/Mark Schiefelbein, file)

SOUTH LAKE TAHOE, Calif. | The Reno-Tahoe area will not be in the running to host the Winter Olympics.

The Tahoe Daily Tribune reported Monday that the Reno-Tahoe Winter Games Coalition announced it will decline a bid invitation from the U.S. Olympic Committee.

According to the coalition’s board chairman, it would not be practical financially to put in a bid.

Chairman Brian Krolicki said in a statement it was honored to be considered alongside Denver and Salt Lake City as possible hosts for the 2030 games.

The invitation calls for a expansive workbook addressing venue planning, transportation planning, security and other issues.

U.S. Olympic Committee CEO Sarah Hirshland says the committee looks forward to identifying new opportunities for the Reno-Tahoe region.

The area hosted the 1960 Olympic Winter Games.

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