During the gold medal final of the Snowboard Cross at the 2006 Winter Olympics on February 17, 2006, Jacobellis was approaching the end of the course with a 43-meter (140 ft), three-second lead over Tanja Frieden of Switzerland. On the second to last jump Jacobellis attempted a method grab, landed on the edge of her snowboard, and fell. Frieden passed her to win the gold; Jacobellis recovered and settled for silver. In televised interviews, Jacobellis initially claimed the grab was meant to maintain stability, but later admitted that it was not necessary. She said "Snowboarding is fun; I was having fun."
A year later at the 2007 Winter X Games, Jacobellis lost the lead in a fall near the finish line. She regained the gold medal in the same event at Winter X Games XII in 2008.
Jacobellis failed to progress to the medal round of Snowboard Cross at the 2010 Winter Olympics in Vancouver, as, early in her semifinal race, she landed badly during a jump, and to avoid a collision with another rider went through a gate, resulting in an automatic disqualification. She then slid off the course.
Lindsey Jacobellis partners with CB Sports to be the official brand ambassador for apparel, outerwear, and cold weather accessories. Lindsey will be collaborating with CB Sports in an effort to introduce new technical stylings to the Heritage Collection due out in Fall/Winter 2013. She will be an active brand ambassador bringing the CB mark to the mountain. “Attracting the younger, active market is essential to our brand, Lindsey will enhance the positioning and brand awareness. She was an obvious choice when we sought out a brand ambassador. Lindsey is a fierce competitor and we are excited for her to join the team, ” says CEO, Mitchell Barkley. “I couldn’t be more excited to work with such a great brand like CB Sports. Being that I grew up on the mountains of Vermont, specifically Stratton, where CB Sports was founded, makes this extra special. I can’t wait to collaborate with the team and create some great products in the coming years,” says Lindsey. The Fashion ski apparel brand known best for its iconic back of the collar logo placement will be introducing a Heritage Collection. This collection will have a strong concentration on style, fit, and technical features. The relaunch renews CB Sports’ “Welcome To The Team” approach and its ”Committed To You” promise.