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2012 London Olympics: Ryan Lochte Qualifies Third For 400M IM Final, Michael Phelps Nabs Last Spot

The first full day of competition has begun at the 2012 London Olympic Games, with swimming one of the earliest events to kick off, highlighted by the rivalry between Americans Ryan Lochte and Michael Phelps in the pool.

Early Saturday morning London time saw the 400M Individual Medley qualifying take place, with former Florida Gator Lochte grabbing the third spot in the evening's final. Lochte finished second in his heat to Japan's Kosuke Hagino, with a time of 4 minutes, 12.35 seconds.

His rival Phelps, on the other hand, barely made the final. Despite winning his heat with a time of 4 minutes, 13.33 seconds, Phelps qualified in the eight and final spot in the final.

Lochte won Bronze in the 400M IM in Beijing in 2008, and has beaten Phelps in the event at the Olympic trials and won the world championship in IM in both 2009 and 2011.

Viewers with a cable, satellite, or telco subscription can also view all of Saturday's events live online by going here.

For more on the Olympics, head over to SB Nation's London 2012 Olympics Hub.

Photographs by cstreet.us, thelastminute, turtlemom nancy , fesek, kthypryn, justinwright, sue_elias, pointnshoot, and scrapstothefuture used in background montage under Creative Commons. Thank you.