Van Niekerk chases huge potential pay-day at World Champs

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Wayde Van Niekerk competes in the 400m event during the Diamond League athletics meeting Athletissima in Lausanne.

Wayde Van Niekerk competes in the 400m event during the Diamond League athletics meeting Athletissima in Lausanne.

Photo_Web_Wayde_Van_Niekerk_070717

Wayde Van Niekerk competes in the 400m event during the Diamond League athletics meeting Athletissima in Lausanne.

Wayde Van Niekerk competes in the 400m event during the Diamond League athletics meeting Athletissima in Lausanne.

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.

WATCH: Wayde Van Niekerk storms to 400m victory

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.

READ: Sprint legend Bolt undecided about timing of career finale

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.