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
Madrid bid for the 2020 Summer Olympics 27 of the 36 required venues already existed. Six permanent new venues needed to be constructed while two temporary venues would have been needed. The venues would comprise two zones. Madrid bid for the 2020 Summer Olympics Madrid 2020 was a bid for the 2020 Summer Olympics by the city of Madrid and the Spanish Olympic Committee. The last time the Olympic Games were hosted in Spain was in 1992 when Barcelona hosted the XXV Olympiad. This was the only time the Olympic Games were staged in Spain. Madrid was nominated by the Spanish Olympic Committee on June 1, 2011.