Munich has been selected by the German Olympic Sports Confederation (DOSB) as Germany's candidate city to host the 2036, 2040, or 2044 Summer Olympic Games. The announcement, made by President Frank-Walter Steinmeier at Baden-Baden on Saturday, ends a domestic competition that began with four candidates and narrowed to two after Berlin and Hamburg withdrew. The Cologne/Rhine-Ruhr region was Munich's final rival. The bid centers on Munich's Olympic Park, built for the 1972 Games and recently renovated. A late-2025 referendum delivered 66.4 percent support on 44 percent turnout — a meaningful reversal from prior German Olympic referenda. Hamburg's failed 2024 Summer Games public vote and Munich's own rejected 2022 Winter Games bid both collapsed on voter skepticism. This time, Munich cleared the democratic hurdle that has killed every recent German Olympic ambition. Bavarian state premier Markus Söder framed the bid as a national project: "We want to give everything to present ourselves as a united country — from north to south and from east to west." Chancellor Friedrich Merz echoed the sentiment, declaring "Germany is ready for the Olympics." The rhetoric of unity is doing heavy lifting here, papering over the fact that Berlin and Hamburg bailed rather than face voters. The DOSB now enters a "continuous dialogue" with the IOC, with shortlisting set for March 2027, preferred host designation in late 2028, and a final selection in mid-2029. That is a four-year runway of lobbying, infrastructure promises, and spending commitments before a single shovel hits dirt — a timeline that concentrates risk on taxpayers while distributing optionality across IOC decision-makers. Germany has hosted the Olympics twice before: Berlin in 1936 under Nazi leadership and Munich in 1972, when the attack on the Israeli delegation killed 11 team members. The historical weight is unavoidable. A 2036 bid would fall exactly one century after the Berlin Games, a symbolism the IOC and German officials will have to navigate carefully. Seven prior unsuccessful bids since 1972 tell their own story. Germany keeps returning to the IOC table, each time absorbing the sunk costs of bid preparation — consultants, feasibility studies, referendum campaigns, political capital — with nothing to show for it. The question is whether Munich's renovated infrastructure and domestic referendum support change the calculus, or whether this becomes bid number eight in a pattern of expensive optimism. The structural tension is clear: the IOC's multi-year selection process extracts maximum concession-making from candidate cities while retaining all decision power. Munich enters this process with genuine public support and existing facilities, which lowers the generative floor. But the gap between a domestic nomination and an IOC selection is vast, and the costs of that gap fall entirely on the bidding city and its taxpayers.