Smelling a bargain, resorts from Mount Hood Meadows to California's Squaw Valley awaited the auction.
In Squaw Valley, 59 feet fell, beating the old record by 29 inches.
America's last victory over Canada at an Olympics was at the 1960 Squaw Valley Games when they clinched a 2-1 win.
Now complete, the Village at Squaw Valley includes a condo complex with rental units and a range of shops, galleries, boutiques and eateries.
And it offers skiers more raw, steep terrain than can be had at such storied resorts as Aspen, Vail, Park City or Squaw Valley.
PlumpJack companies include Squaw Valley resort and cult Napa Valley winery.
It was in this year that South African figure skaters broke the continent's duck by traveling to the Squaw Valley, in the United States for the eighth edition of the event.
Summit in recent years gained notoriety in the start-up world for its annual A-list-packed, weekend conferences that have taken over both a cruise ship and Squaw Valley, California.
FORBES: Summit To Buy Powder Mountain To Create Entrepreneur Community
In 1996, the year after PlumpJack Squaw Valley Inn opened its doors, Intrawest, the Canadian ski resort company, bought the 13-acre Squaw base area and started construction on a European-style pedestrian village.
First came PlumpJack wines, then a store in San Francisco's picturesque Marina neighborhood and subsequently a dozen other properties, including stores, restaurants, a Napa Valley vineyard and winery, and the decade-old PlumpJack Squaw Valley Inn.
In 1996, the year after PlumpJack Squaw Valley Inn opened its doors, Intrawest (nyse: IDR - news - people ), the Canadian ski resort company, bought the 13-acre Squaw base area and started construction on a European-style pedestrian village.
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