Michael Phelps has bagged his 7th gold medal at the Beijing Games August 16, 2008, equaling Mark Spitz's [wiki] record of seven gold medals at a single Olympics set in Germany's Munich 1972. Phelps' men's 100m butterfly result is 50.58 seconds. Milorad Cavic of Serbia took the silver with a time of 50.59. Though this time Michael Phelps did not break the world record, still he created a new Olympic record in the National Aquatics Center in Beijing. Fabulous! Phelps now is only one gold medal away from his dream to win eight in a single Olympics.
Beijing Olympics Men's 100m Butterfly Medalist: Andrew Lauterstein (Bronze), Michael Phelps (Gold) and Milorad Cavic (Silver). (Image credit: PR Photos)