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Longtime champ dethroned at New York hot dog eating contest

Stonie devoured 62 hot dogs and buns in 10 minutes at the hugely popular July 4 competition.

New York

JOEY "Jaws" Chestnut, who for eight straight years gobbled up all comers in the famed Nathan's hot dog eating contest in New York, finally met his match on Saturday.

Chestnut, 31, was defeated by Matt "Megatoad" Stonie, 23, his longtime rival in the niche competitive