A rare pair of Nike sneakers designed by one of the company's founders has sold at auction in New York for a record $437,500.
The sneakers from 1972 were expected to fetch $180,000, but Canadian collector Miles Nadal paid nearly three times that.
The Nike Waffle Racing Flat Moon Shoe was designed by Bill Bauermen, athletic trainer and one of the founders of the Nike sports brand.
Only 12 pairs of such sneakers were made by hand and some of them were worn by athletes in the 1972 Olympic Games.
The most expensive sneakers sold were Converse, worn by American basketball player Michael Jordan in the 1984 Olympics - $190.373.
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