Phelps sets world record in 200 IM

Star edges own mark set at 2007 world championships

Al Bello / Getty Images

Michael Phelps celebrates after winning the final of the 200 meter individual medley and setting a new world record of 1:54.80 during the U.S. swimming trials in Omaha.

Exclusive Summer Olympics news & widgets at NBCOlympics.com!

Video: Olympics coverage

What's next for Phelps?
Aug. 28: TODAY’s Meredith Vieira talks to Olympic gold medal swimmer Michael Phelps about his plans now that the Olympic Games are over.

Michael Phelps' mom shares in son's glory

Phelps as educator: 'I see tomorrow's citizens'

Olympic fever grows in London

AFP/Getty Images

Share your photos of the Olympics:

Opening Ceremony

At the events

Scenes around the city

You with an athlete

Past Games

Women's soccer team feels vindicated

Michael Phelps to write new book

Gold-medal moms have edge on competition

Phelps look-alike feels like ‘a fraud’

What anchors and athletes eat on TODAY's set

Slide show

Week in Sports Pictures
Little League heroes, Olympics drama, and much more

more photos

updated 9:06 p.m. ET July 4, 2008

OMAHA, Neb. - Michael Phelps has set another world record, beating Ryan Lochte in the 200-meter individual medley at the U.S. Olympic trials.

Phelps claimed his fourth individual victory of the trials with a time of 1 minute, 54.80 seconds, beating the mark of 1:54.98 he set while winning seven events at last year’s world championships in Australia.

Lochte had a pair of runner-up finishes on a grueling night, losing to Aaron Peirsol by two-hundredths of a second in the 200 back and returning about 28 minutes later to take on Phelps in the IM, which requires all four strokes.

Story continues below ↓

ALSO ON THIS STORY

Discuss: Sound off on sports message boards