Summer Olympic Games swimmer Mark Spitz, Lasse Virén (of Finland)'s back-to-back gold in the 5,000 meters and 10,000 meters (defeating American distance running great Steve Prefontaine in the former), and the winning of three gold medals by 16-year-old Soviet gymnastic sensation Olga Korbut - who thrilled the world with an historic backflip off the high bar. Korbut, however, failed to win the all-around, losing to her teammate Ludmilla Tourischeva. There was no such tragedy in Montreal in 1976, but bad planning and fraud led to the Games' cost far exceeding the budget. The Montreal Games were the most expensive in Olympic history, until
Winter Olympic Games selected as the host city for the 2014 Winter Olympics over Salzburg, Austria, and Pyeongchang, South Korea. This was the first time that Russia had hosted a Winter Olympics. The Games took place from 7 to 23 February 2014. A record 2,800 athletes from 88 countries competed in 98 events. The Olympic Village and Olympic Stadium were located on the Black Sea coast. All of the mountain venues were 50 kilometres (31 miles) away in the alpine region known as Krasnaya Polyana. The Games were the most expensive so far, with a cost of £30 billion (USD 51 billion). On