奥运会重要的是参与，不是获胜。

The important thing about the Olympic Games is not to win, but to take part in them.

Source: Tatoeba

Sentence Composition

1 奥运会 Àoyùnhuì Olympic Games; the Olympics (abbr. for 奥林匹克运动会 Àolínpǐkè Yùndònghuì)
2 重要 zhòngyào important; significant; major
=3 的 de
  1. of; ~'s (possessive particle)
  2. (used after an attribute when it modifies a noun)
  3. (used at the end of a declarative sentence for emphasis)
  4. (used after a noun, verb or adjective to form a nominal expression, as in 皮革的 pígéde "one made of leather" or 跑堂儿的 pǎotángrde "a waiter (literally, one who runs back and forth in a restaurant)" or 新的 xīnde "new one")
  5. also pr. dì or di in poetry and songs
=3 的 dī a taxi; a cab (abbr. for 的士 dīshì)
=3 的 dí really and truly
=3 的 dì (bound form) bull's-eye; target
=4 是 shì
  1. to be (followed by substantives only)
  2. correct; right; true
  3. (respectful acknowledgement of a command) very well
  4. (adverb for emphatic assertion)
=4 是 shì variant of 是 shì
5 参与 cānyù to participate (in sth)
=6 不是 bùshì
  1. no
  2. is not
  3. not
=6 不是 bùshi fault; blame
7 获胜 huòshèng
  1. victorious
  2. to win
  3. to triumph