Found this on the BBC website, it makes interesting reading...

Skateboarding could make its Olympic debut at the London 2012 Games

The International Olympic Committee (IOC) confirmed on Friday that it has held talks over the sport's inclusion.

An IOC spokeswoman said it was possible that it could be feature at the 2012 Games. Reports claimed the velodrome at the Olympic Park could host events.

But the spokeswoman would not confirm this, adding: "We are not going into that level of detail at this stage."

International Cycling Union (UCI) officials, met with the IOC earlier this week to discuss proposal for adding skateboarding to the 2012 Games under its banner.

The IOC does not recognise an international skateboarding federation, so the sport would first need to be adopted as a discipline under the UCI umbrella.

After that, the UCI could make a formal proposal to the IOC for its inclusion in the Olympics.

"We are doing our best to introduce skateboarding for 2012," UCI sports director Olivier Quejuiner told the London Evening Standard.

"We have a clear strategy, all we need now is the green light from the IOC. Technically, logistically and in terms of cost, it would not be a problem to stage the event in 2012."