It staged the opening and closing ceremonies in the 1968 summer games plus the athletics events.

FORBES: Olympic Meddle

Sainsbury's has been named as title sponsor of three major British Athletics events this summer.

BBC: Sainsbury's to sponsor British Athletics summer series

But U.K. Treasury chief George Osborne has granted a one-off tax amnesty for this summer's London Grand Prix athletics event in the hope it will persuade Mr. Bolt and other stars to compete.

WSJ: U.K. Runs Tax Deal Past Usain Bolt

He said the summer's bad weather had delayed the completion of the athletics track but contractors were hoping to make up time on the road and retail park.

BBC: City ground 'delayed to May 2009'

Announced last September just after the summer games, the new parallel event is known as the IPC Athletics Marathon World Cup and is another example of a post-Paralympic legacy.

BBC: New Paralympic sport at the London Marathon, and on TV

But athletics followers had better content themselves with their memories of a unique summer of sport because Britain's tax laws mean he will not be racing here again in the foreseeable future.

BBC: Midlands no Bolt-hole as Usain demands tax changes

Last summer, a panel of faculty and alumni were upset with the money being injected into athletics at the University of California, Berkeley.

FORBES: Pac-10 Financials Show Little Athletics Profit