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Most, probably all, modern olympic game organizers make sure there are VIP lanes for sponsors and the very (very) rich. Basically, fortune permitting, you have to be able to get off your yacht, stroll into your limo and then be at any olympic venue in about 10 minutes.

So while it could also be done to impress committee members it's more probable that it's done to not piss off the Mittal's and the Saudi's.

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Nah, you fly from your yacht to your Olympic Suite in a helicopter. This was done to favour the next rank down, i.e. government officials who have to be a little circumspect about their priviledges but not circumspect enough to allow their subjects to go about town unhindered.

Isn't the whole idea of having a super yacht to not have to sleep in somebody else's shabby hotel suites?

Of course, I meant your entertainment suite at the stadium. Somewhere to relax with your friends from the government while you watch the games. Perhaps share a few laughs over a glass or two about how they conned the Olympic Committee?

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