JOHANNESBURG - Wayde van Niekerk stands to win $160 000 (R2 million) if he wins gold in the men’s 400m in a new world record time at the IAAF World Championships in London next month.
All individual gold medallists will win $60 000 and if they break a world record get another $100 000 in their bank balances.
Van Niekerk’s world record in the 400m is 43.03sec which he ran in the Olympic final in Rio last year.
A galaxy of stars are set to descend on London Stadium in the British capital, led by Usain Bolt as the incomparable Jamaican sprinter winds down a career that includes 11 world titles.
Two of his individual gold medal performances were propelled by world records, his still-standing marks of 9.58 in the 100m and 19.19 in the 200m set at the 2009 World Championships in Berlin, both of which were rewarded with a world record bonus of $100 000.
The performance must be an improvement on the existing IAAF World Record. Performances which equal the existing IAAF World Record will not be eligible for a World Record Award.
The last world record award to be presented with a bonus was Ashton Eaton’s 9045-point tally in the decathlon at the World Championships in Beijing two years ago.
More than $7 million will be on offer in London.
African News Agency