Budapest wants to host the 2023 International Association of Athletics Federations (IAAF) World Championships as part of a long-term strategy to stage the Olympic and Paralympic Games.
Discussions have already started between Hungarian officials and the IAAF.
Hungary have vowed to continue bidding for major events, despite the city's Olympic bid for 2024 collapsing in February after local opponents of the bid submitted a quarter-of-a-million signatures in a petition demanding a local referendum in Budapest on the issue.
Balázs Fürjes, chair of Budapest 2024 and Government Commissioner for flagship Budapest developments, revealed during the SportAccord Convention here that the Hungarian capital still plans to build many of the facilities they proposed if they were awarded the Games.
This includes the main Olympic Stadium along the banks of the River Danube, which would host the IAAF World Championships.