He is known also for his acts of sportsmanship during the 1964 Winter Olympics in Innsbruck, Austria, which made him the first athlete ever to receive the Pierre de Coubertin World Trophy.

[1][6] Finally, at the 1968 Winter Olympics in Grenoble, France, a 40-year-old Monti won a gold in both the two-man and four-man events (the first non-German to do so).

After his victory, he received Italy's highest civilian honor – the Commendatore of the Italian Republic and then retired to labor in his skiing facilities in Cortina.

[1] Struck by numerous hardships (separation from his wife, the departure of his daughter for the United States, the death of his son from an overdose), suffering from Parkinson's disease, on 30 November 2003 he shot himself in the head; transported to the hospital in Belluno, he died the next day.

[7] Turn 19 at Cesana Pariol, the site of the 2006 Winter Olympic bobsled, luge, and skeleton competitions, was named for Monti.