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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Australia China India Indonesia Japan Malaysia Philippines Thailand Vietnam Rio make it an Olympic first for South America AFP - Saturday, October 3 Send IM Story Print Rio make it an Olympic first for South America COPENHAGEN (AFP) - – Rio de Janeiro's dream of bringing the Olympics to South America for the first time became reality here on Friday when they won the vote to host the 2016 edition. The Brazilian city saw off Madrid - by 66 votes to 32 - in the final round of voting after odds-on favourites Chicago, backed by a personal visit from President Barack Obama, had gone out in a first round sensation. They were followed by Tokyo, the only city of the four to have previously hosted the Games, in the second round. "It's unbelievable, overwhelming and spectacular," beamed Rio Governor Sergio Cabral, while Brazilian football legend Pele was reduced to tears. "I am so happy, so happy, so happy," repeated Pele. "I'm a very emotional guy and I have been crying ever since I heard the result. "This is a great moment not only for Brazil but for South America. In terms of how it compares to a World Cup this is like another goal." Henrique Meirelles, president of the Brazil Central Bank, said that they had managed to convince the IOC that they were sound financially. "We were optimistic and very well prepared. This has been a lot of hard work but there is a lot more of that over the next seven years. Our economic situation played well." Madrid bid chief Mercedes Coghen, captain of the Spain field hockey team that won gold in the 1992 Olympics in Barcelona, accepted a painful defeat. "I have a very sad reaction," said the 47-year-old, who defied expectations in getting them this far. "That's the way it has got to be. It was a very good bid." The International Olympic Committee (IOC) members had earlier delivered a stunning snub to favourites Chicago and Obama. Live Report In a sensational first round, the 95 eligible voters rejected a personal plea by the most powerful man in the world. Obama had flown in on Friday morning to appear at the final presentation but even his powerful presence, as well as the lobbying of his wife Michelle, failed to excite the members. Related article: Playing Olympic politics "We fought a good fight and I am very proud of the team and the campaign," said bid chief Pat Ryan. "Some you win, some you lose. That's the way it goes." The American city was followed out by Tokyo whose pleas to host the Games for a second time fell on deaf ears. Rio's appearance in the final two was no surprise as they had consistently impressed in the past year and a stunning piece of oratory by Brazilian President Luiz Inacio Lula da Silva at the presentation sealed their place. He declared it was not only Brazil's time but also South America's as no country from the continent has previously hosted the Games. Madrid, bidding to become the first Spanish city to host the Olympics since Barcelona's successful 1992 edition, were seen to be rank outsiders and were as much as 16/1 with British bookmakers Ladbrokes earlier in the week. Even Spanish Prime Minister Jose Luis Rodriguez Zapatero had voiced concerns over the bid but he gave a solid performance at the presentation. However, the presence of 89-year-old former IOC President Juan Antonio Samaranch helped secure vital votes. His plea that 'his days on earth were numbered' struck a chord for many of the members who owed their positions to him during his controversial but highly successful tenure. The elimination of Chicago and Tokyo set up an intriguing head-to-head between two of the giants of sports administration - Samaranch and former FIFA President Joao Havelange, who looking far younger than his 93 years promised to invite people to a massive party in Rio in 2016 when he will be 100. Interactive graphic on the candidates bidding to host the Olympics as the 2016 Games were awarded to Rio de Janeiro after Chicago, the hot favourites, were eliminated despite the backing of US President Barack Obama in Copenhagen. Recommend Send IM Story Print Related Articles US, British troops killed in Afghanistan attacks AP - 2 hours 40 minutes ago Disappointed Tokyo looks to 2020 bid AFP - 2 hours 51 minutes ago Aid arrives as Indonesia quake toll around 1,000 Reuters - Saturday, October 3 Bresnan the 80-run hero as England recover AFP - Saturday, October 3 Rio make it an Olympic first for South America AFP - Saturday, October 3 News Search Top Stories Rio to host 2016 Olympics as Chicago, Obama shattered IMF unveils newfound strength forged in crisis US recovery effort stumbles as 263,000 jobs lost EU leaders anxious as Ireland votes on treaty World Bank warns on 2010 as US job losses mount More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended Scientists find path to fountain of youth Oldest hominid skeleton sheds light on human origins France launches 'battle of the electric car' France Telecom boss under fire over staff suicides US auto sales crash after Cash for Clunkers expires More Most Viewed » Ozone hole smaller in 2009 than 2008: WMO Nanoparticles could pose threat to humans: scientists Implanted tooth helps blind US woman recover sight More Most Recommended » Elsewhere on Yahoo! 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