Medal favourite Spain was eliminated from the men's football at the London [ Images ] Olympics [ Images ] on Sunday in another 1-0 upset loss after Honduras forward Jerry Bengtson scored an early goal.
Three players combined for Bengtson's third goal of the tournament during a break down the left in the seventh minute.
Andy Najar passed to fellow-midfielder Roger Espinoza, who fired in a cross as Bengtson cut inside. The striker jumped over a defender to power in a header past Spain goalkeeper David de Gea.
Spain had hoped to hold three major titles at once after winning the 2010 World Cup and 2012 European Championship. But the country will go home without a chance to compete for a medal after it plays its last match against Morocco on Wednesday in Manchester.
And if it doesn't score, it will also return without a goal, after losing 1-0 to Japan [ Images ] on Thursday.
For Honduras, the victory puts the small Central American country into second place in Group D with four points, two behind leader Japan.
The 38-year-old Giggs capped a nifty build-up with a 16th minute opener to become the oldest goalscorer at the games, which is also the Welshman's first major tournament.
Rashed Eisa nearly spoiled the party for 82,239 fans at Wembley Stadium with an equalizer on the hour mark. But Giggs replacement Scott Sinclair scored in the 73rd before Daniel Sturridge's perfect lob capped what turned out to be an emphatic win.
As Beckham and British royalty watched, the hosts joined Senegal atop Group A with four points to eliminate the UAE. Uruguay has three.
Photograph: Stu Forster/Getty Images