The men's 200 metre freestyle event at the 2004 Summer Olympics was contested at the Olympic Aquatic Centre of the Athens Olympic Sports Complex in Athens, Greece. The event took place on 15 and 16 August. There were 59 competitors from 53 nations, with each nation having up to two swimmers (a limit in place since 1984). With only 50 metres to go, he powered past his arch-rival to touch the wall first in an Olympic record of 1:44.71, matching the third fastest swim over the distance. Van den Hoogenband, who led the field through the first three laps under a world record pace, won silver in 1:45.23. Meanwhile, Phelps finished the race with a bronze in an American record of 1:45.32, ending his hopes of equalling Mark Spitz's 1972 record of seven gold medals. (Phelps would pass that record in 2008.)
Thorpe and van den Hoogenband were the second and third men to win multiple medals in the 200 metre freestyle. Phelps would become the fourth in 2008.
Background
This was the 12th appearance of the 200 metre freestyle event. It was first contested in 1900. It would be contested a second time, though at 220 yards, in 1904. After that, the event did not return until 1968; since then, it has been on the programme at every Summer Games.
Four of the 8 finalists from the 2000 Games returned: gold medalist Pieter van den Hoogenband of the Netherlands, silver medalist Ian Thorpe of Australia, seventh-place finisher Rick Say of Canada, and eighth-place finisher Grant Hackett of Australia. Thorpe and van den Hoogenband had finished first and second, respectively, at both the 2001 and 2003 World Championships. American Klete Keller had taken third in 2001, with Hackett earning bronze in 2003. Added to this already strong field was Michael Phelps—an individual medley specialist who had set an American record in the 200 metre freestyle as the lead leg at the 2003 World Championships (not swimming the individual event there) and beaten Keller by six-tenths of a second at the U.S. trials.