Phelps wins 7th gold by 0.01 seconds

BEIJING (AP) Michael Phelps beat Milorad Cavic of Serbia to the wall to win the 100-meter butterfly Friday, tying Mark Spitz’s record of seven gold medals at a single Olympics.

With his arms fully outstretched, the American touched in 50.58 seconds, brreaking Cavic’s Olympic record of 50.76 set in the semifinals.

Cavic, who was still in mid-stroke at the wall, took the silver in 50.59, a mere 0.01 seconds behind Phelps. Andrew Lauterstein of Australia earned the bronze in 51.12.

It was the first race of these games in which Phelps didn’t set a world record.

Crocker, the world record-holder, was fourth in 51.13.

Phelps won the event four years ago in Athens, and Crocker finished second. source