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The Greeks.
To be frank, they had nothing to do with the Olympics, which were created by the Greeks.
Originally the reason the Greeks founded the Olympics was to have a "family reunion". At the time, Ancient Greeks were scattered from Spain to North Africa, and from Ionia to Italy. This was a way to unite themselves every 4 years. Eventually it turned into a "which colony is the best" competition, and the model that we have today.
We both have the Olympics (Ancient Greeks made it)We both have democracy (Ancient Greeks made this as well)
The ancient Greeks, traditionally dated 776 BCE, held in the territory and sponsorship of the city of Elea.