Italy waited two decades for its next Olympic gold in alpine skiing, Gustav Thöni's win in giant slalom in 1972.

Following his near-sweep at Aspen in 1950, he also won all three North American titles in downhill, slalom, and combined the following week in Canada at Mt Norquay near Banff, Alberta.

He set a speed world record on skis in 1947, clocked at 98.7 mph (158.8 km/h) on the Italian side of the Little Matterhorn.

[10] After the 1952 Olympics, Colò linked his name to a line of ski clothing and, according to the regulations of the time, he was considered a professional.

In 1954, he was disqualified by the Italian Winter Sports Federation (FISI) and was not allowed to participate in subsequent races, notably the 1954 World Championships in Åre, and he retired at age 33.