The Riga City Council has recently decided to raise its financial support for the Riga Marathon to 300,000 euros, marking a substantial increase from last year's funding of 191,060 euros. This increase represents about 15% of the total event budget, emphasizing the city's commitment to hosting this popular marathon. The funding arrangement with SIA "Nords Event Communications," which has exclusive rights to organize the marathon for the next five years, was established to ensure the event's success and growth in the coming years.

In addition to boosting the marathon's funding, the council has allocated 60,000 euros for the organization of various tournaments under the European Youth Basketball League (EYBL), aimed at youth categories ranging from U14 to U20. This financial support not only illustrates the city's efforts to promote sports among youth but also aligns with broader objectives of fostering community engagement and physical activity among the younger population. As the council progresses towards the 2028 funding commitment, these investments showcase a strategic focus on youth sports development in the city.

Furthermore, the Riga City Council has expressed ongoing support for the "Riga Hockey Cup" tournament, committing to provide 95,000 euros annually until 2028. This multifaceted approach to enhancing city sports infrastructure highlights the importance of youth engagement through sports initiatives, which are increasingly recognized for their role in personal development and community building. Thus, the council's significant investments reflect a vision towards a healthier, more active future for Riga's youth and its sporting events, cultivating both local pride and international recognition for the city's athletic endeavors.