Phelps is trying to break Mark Spitz's record of seven gold medals. He crushed his old mark of 4:05.25 in the 400 IM, set in June at the U.S. Olympic trials.
Laszlo Cseh of Hungary rallied to take the silver medal in 4:06.16. Lochte won bronze.

Michael Phelps broke his own World and Olympic records Sunday in 400-meter individual medley at the Olympic Games in Beijing.
http://accesswdun.com/article/2008/8/212240