Rio has been named as the host city of the Laureus World Sports Awards for 2013 and 2014, the Laureus Academy announced.
The globally televised event, considered the Oscars of international sports, will give Rio the chance to showcase itself to the sporting world ahead of the 2014 football World Cup and 2016 Olympics, reports Xinhua.
It will be the first time the event has been held in the southern hemisphere since it began in 2000. Read more
