The CBF, Brazil's soccer federation, officially lodged in a bid for the 2014 World Cup, as was widely expected. Under FIFA's new rotation system, which begins with South Africa in 2010, each continent will receive the opportunity to host world's biggest sporting event. Brazil's 2014 bid is undisputed by its South American neighbors, who agreed to back the five-time champion as the continent's only candidate in 2003. It will have been 36 years since the World Cup has been held in South America and that was in Argentina in 1978. It would be the second time Brazil has hosted the tournament after the 1950 finals, where it lost 2-1 to neighbor Uruguay in the deciding game of the four-team final group. South American nations have hosted the World Cup four times: Uruguay 1930, Brazil 1950, Chile 1962, and Argentina 1978l Ricardo Teixeira, the president of the CBF, signed a letter of intent and handed it to FIFA bosses at the Club World Cup in Tokyo on Wednesday. "It will be a unique opportunity for the Brazilian people who deserve to be the hosts," he said. Read the original story...