Skeleton competitions began in the late 1970s, hosting the world championships in 1990. The track was part of Salzburg, Austria's unsuccessful bid for the 2014 Winter Olympics in 2007. In October 2008, it was announced that the track would undergo a renovation project from 2010 to 2016. Costing € 21.7 million to do, the track is being done in part of Munich's bid to host the 2018 Winter Olympics. Renovation includes extending the finish line and a new building near turn 16 and is scheduled to be complete by 2012. The starting area of the track will be started on 2014 and will finish on 2016. On 28 February 2009, it was announced the track would host the 2011 FIBT World Championships after the original winner, Cortina d'Ampezzo, withdrew to issues with the city and the track. The 29th and last Luge World Cup at the track prior to renovation took place on 2–3 January 2010. Bobsleigh and Skeleton had their last World Cup prior to renovation the following weekend.