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
Youth Olympic Games YOG, and four of them include bringing together the world's best young athletes, offering an introduction into Olympism, innovating in educating and debating Olympic values. The city of Singapore was announced as the host of the inaugural Summer Youth Olympics on 21 February 2008. On 12 December 2008 the IOC announced that Innsbruck, host of the 1964 and 1976 Winter Olympics, would be the host of the inaugural Winter Youth Olympics in 2012. The scale of the Youth Olympic Games is smaller than that of the Olympics, which is intentional and allows for smaller cities to host an Olympic event.