After posting the fastest training run for Sunday's Olympic downhill event, American Bode Miller wasn't fast enough when it really mattered.

The five-time Olympic medalist finished in eighth place in the event.

Matthias Mayer of Austria captured gold, Christof Innerhofer of Italy won silver and Kjetil Jansrud of Norway took bronze.

Norwegian Aksel Lund Svindal, who won silver in the event four years ago in Vancouver and was one of the favorites in Sochi, also had a dissapointing downhill run, finishing just outside medal contention in fourth place. American Travis Ganong, a 25-year-old from Squaw Valley, Calif., rounded out the top five.

Miller, the owner of more Olympic medals than any other U.S. skier going into the Sochi Games, will still have several more opportunities to add to his career medal total during the games, but won't be the favorite, as he was in downhill.

After making his Olympic debut in 1998, Miller first tasted Olympic success with silvers in giant slalom and super combined in 2002 in Salt Lake City. He famously flamed out at the 2006 Winter Olympics, but bounced back in 2010 with three medals -- a gold in super combined, a silver in super-G and a bronze in downhill.

A two-time overall World Cup champion in 2005 and 2008, Miller also is a four-time world champion, although the most recent one came nearly nine years ago.

After undergoing knee surgery in the spring of 2012, Miller skipped the entire 2013 skiing season to focus on getting healthy for his fifth -- and final -- Winter Olympics.

The other two Americans in the event, Steven Nyman and Marco Sullivan, finished 27th and 30th, respectively.