Brazil national under-23 football team was beaten by Mexico 0–1 after extra time, denying Brazil the chance to be the first guest team to win the tournament. The following year Brazil failed to qualify for the 2004 Olympic Games after losing out to Paraguay and Argentina in the qualifying tournament. Brazil, managed by senior team coach, Dunga, finished in the first position in the group stage, ahead of Belgium, New Zealand and China, which they beat 1–0, 5–0 and 3–0 respectively. In the second round, Brazil beat Cameroon 2–0 after extra time. Brazil and Argentina met on August 19 in the semi-final game of the
Brazil at the 2012 Summer Olympics Brazil at the 2012 Summer Olympics Brazil competed at the 2012 Summer Olympics in London, from 27 July to 12 August 2012. This was the nation's twenty-first appearance at the Summer Olympics, having missed the 1928 Summer Olympics in Amsterdam. The Brazilian Olympic Committee (, "COB") sent a total of 258 athletes to the Games, 136 men and 122 women, to compete in 24 sports. Brazil left London with a total of 17 Olympic medals (3 gold, 5 silver, and 9 bronze), winning their second largest number of medals at a single games, a performance only surpassed 4 years later