Conformal geodesics are not variational in higher dimensions

Variationality of the equation of conformal geodesics is an important problem in geometry with applications to general relativity. Recently it was proven that, in three dimensions, this system of equations for un-parametrized curves is the Euler-Lagrange equations of a certain conformally invariant functional, while the parametrized system in three dimensions is not variational. We demonstrate that variationality fails in higher dimensions for both parametrized and un-parametrized conformal geodesics, indicating that variational principle may be the selection principle for the physical dimension.