Here's a blog that turns everything upside down at the Olympics. It celebrates the last place finishers,"because they're there, and you're not".
As of this writing, I'll let you guess which country has the most athletes in last place. Hint: starts with a "C".
It should be mentioned that in some events, there is triumph in finishing, considering the grueling nature of these events, and the number of DNF's that occur. Some examples are the 10k swim, race walking, decathlon, and marathon.