Olympic manifesto breaks record for most expensive sports memorabilia


The Olympic Rings, the symbol of the Olympic Games, are illuminated at St Pancras international station in London March 3, 2011. The first set of rings in London were unveiled at the station which will carry visitors to the Olympic Park in east London. REUTERS/Eddie Keogh (BRITAIN - Tags: SPORT OLYMPICS TRANSPORT)

NEW YORK (Reuters) - The original Olympic manifesto outlining the foundation of the modern Games shattered the world record for the most expensive piece of sports memorabilia sold at auction, fetching $8.8 million on Wednesday.

Experts had expected the item to sell for up to $1 million, but the artifact climbed in price after a more than 12 minute-long bidding war between three international buyers, according to auctioneer Sotheby's.

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