Swimming: Phelps on fire in Olympic trials

Michael Phelps just missed out on the 200m butterfly world record at the US Olympic trials on Saturday, but he did swim the fastest time of the year in winning his third individual event.

Phelps reached 100m in 54.63s and was ahead of his own world record pace for 150m before he tired on the last lap and touched in 1m 54.31s.

The 19-year-old recorded 1m 53.93s at the world championships in Barcelona last year.

Behind Phelps, Sydney gold medallist Tom Malchow just held off a fast-charging Michael Raab to earn the second team berth.

Jason Lezak set a US record of 48.17s in the 100m freestyle.