Buenos Aires lost by a single vote to Melbourne; for the 1968 Summer Olympics, held in Mexico City; and in 2004, when the games were awarded to Athens. However, Buenos Aires hosted the first Pan American Games (1951) and was also host city to several World Championship events: the 1950 and 1990 Basketball World Championships, the 1982 and 2002 Men's Volleyball World Championships and, most remembered, the 1978 FIFA World Cup, won by Argentina on 25 June 1978, when it defeated the Netherlands at the Estadio Monumental 3–1. In September 2013, the city hosted the 125th IOC Session, Tokyo was elected the
Buenos Aires host city of the 2020 Summer Olympics and Thomas Bach was new IOC President. Buenos Aires bid to host the 2018 Summer Youth Olympics. On 4 July 2013, the IOC elected Buenos Aires as the host city. Buenos Aires hosted the 2006 South American Games too. Juan Manuel Fangio won five Formula One World Driver's Championships, and was only outstripped by Michael Schumacher, with seven Championships. The Buenos Aires Oscar Gálvez car-racing track hosted 20 Formula One events as the Argentine Grand Prix, between 1953 and 1998; it was discontinued on financial grounds. The track features various local categories on