The beanie of the Norwegian Olympic team. All in sc:

• magic ring
• 6 sc, 12, 18, 24, 30
• increase by 6 sc one row, even stitch count for the next until 54 sc
• straight until enough slouch
• 2 rows of red (last row one hook size down)

Now I think the official beanie is made of slightly thinner yarn and maybe a cotton-wool blend by the look of it. But from a couple of meters distance, no one would know :-)