No, Iceland has never hosted an Olympic Games. They have had medal winners in Modern Olympic history, all in the Summer Games. 1) Vilhjálmur Einarsson won a silver medal at the 1956 Games in Melbourne in men's triple jump.
2) Bjarni Friðriksson won a bronze medal at the 1984 Games in Los Angeles in men's half heavyweight judo.
3) Vala Flosadóttir won a bronze medal in women's pole vault at the 2000 Games in Sydney. 4) The Icelandic handball team won silver medal at the 2008 games in Beijing
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Iceland has won 4 total Olympic medals with the most being 1 in any Games ...
1) Vilhjálmur Einarsson - silver in men's triple jump at the 1956 Summer Games in Melbourne.
2) Bjarni Friðriksson - bronze in men's half-heavyweight class judo at the 1984 Summer Games in Los Angeles.
3) Vala Flosadóttir - bronze in women's pole vault at the 2000 Summer Games in Sydney.
4) Men's handball team - silver at the 2008 Summer Games in Beijing.
The two main tournaments they enter are the European Championships and the World Cup. They have not won either of these.
No, Iceland have never won the world cup. In fact, they have never actually qualified.