In 1968 at Grenoble, France, Schranz competed in all three alpine events, held at Chamrousse. He finished fifth in the downhill and sixth in the giant slalom, both won by rival Jean-Claude Killy of the host country. In his first run in the slalom, Schranz's time was only 0.32 behind. His second run was run in a very dense fog, which hampered his visibility, and Schranz was impeded by a race official which affected his race. He was given another chance to run the second run and took the lead, but was later informed that his first attempt at run two should have been counted as he missed a gate before encountering the race official, and Schranz was disqualified. A jury upheld the decision and Killy was declared the winner for a third Olympic gold medal in the same games. There was a great deal of controversy over the suspicion that partisan French officials were attempting unfairly to prevent Schranz from winning so that Killy would sweep all three races, duplicating Toni Sailer's 1956 sweep.