This diploma was given to all attendees of the 1986 Ski Telemark Trophy in Sweden. The Svenska MAD downhill Telemark Ski Cup took place in Stockholm, Ullna Hill, Sälen or Åre, North Sweden. It seems the Swedish MAD magazines acted as a sponsor or organizer of this sport event. As you can see on the additional pictures some other cool collectibles were given to the winners including:
Svenska MAD Telemark Downhill Trophy Diploma 
