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Reuters: Usain Bolt and Simone Biles took the top accolades at the Laureus Awards in Monaco on Tuesday.
The pair were named sportsman and sportswoman of the year respectively after their exploits at the Rio Olympics.
Both won multiple gold medals at the summer games.
There was also another win for Formula One world champion Nico Rosberg, who got the breakthrough award for fighting off team-mate and rival Lewis Hamilton.
Leicester City won the spirit of sport award for their remarkable Premier League win, Michael Phelps received the comeback award after medalling at the Olympics, Beatrice Vio won the disability award and the Olympic refugee team were also honoured.
Jamaican sprint great Usain Bolt said he has no regrets about his decision to retire from athletics in 2017 as he has accomplished everything he wants to in the sport.
Bolt will hang up his spikes following the world championships in London in August, bringing the curtain down on a career that has delivered eight Olympic gold medals.
Bolt completed a ‘treble treble’ of 100m, 200m and 4x100m Olympic titles at the 2016 Rio Games, but had his 2008 relay gold stripped last month after team mate Nesta Carter’s re-tested sample showed traces of a banned substance.
Back-to-back Olympic 5,000 and 10,000 metres gold medal winner Mo Farah and double Olympic tennis champion Andy Murray finished behind Bolt for the award. Real Madrid and Portugal forward Cristiano Ronaldo and basketball duo Stephen Curry and LeBron James were also shortlisted.