THE once-proud Sydney 2000 Olympic rings that adorned Martin Place are now lying derelict in a demolition and recycling industrial yard at St Peters.

Passers-by have spotted the iconic rings leaning against a shed at Metropolitan Demolitions on Princes Hwy and are wondering what will happen to the artefact that helped put Sydney on the map.

The owner of the illuminated rings said they were memorabilia and there were no plans, at this stage, to return them to their former glory.

He declined to be named or comment further.

media_camera The rings in their Olympic glory days. Picture; Marc McCormack

media_camera The rings being erected in Martin Place on August 25, 2000. Picture: Jim Trifyllis.

Residents may remember the significant rings hanging above a giant television screen glowing in the centre of Martin Place.

Lahznimmo architects were approached by the Olympic Co-ordination Authority as the Look of the Games Architects for Sydney 2000 and the illuminated rings became a grand arch for the giant television screen of the Martin Place Olympic Live Site.

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The object marked one of the cities six Olympic Live Sites.

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