Defending champ 'Jaws' Chestnut sets record with 74 hot dogs

Nathan's Famous Hot Dog-Eating Contest to Air Live July 4 on ESPN2

Watch Live: Nathan's Hot Dog Eating Contest 2018, How to Stream Joey Chestnut, Miki Sudo

The July 4th holiday is upon us and people around the country are gearing up to watch one of America's most storied traditions.

MORE: How Does Nathan's Famous Hot Dog-Eating Contest Actually Work?

Joey "Jaws" Chestnut wolfed down 74 hot dogs and buns in 10 minutes to capture his 11th Nathan's Famous International Hot Dog Eating Contest championship on Wednesday. Or at least he swallowed them after dipping them in water. He bested last year's record of 72 hot dogs.

New Jersey native Carmen Cincotti finished second by eating 64 hot dogs. The video is below, but be warned - it's hardly ASMR.

Miki Sudo fell short of the 41 hot dogs she ate a year ago but still easily beat second-place finisher Michelle Lesco, of Tucson, Arizona.

The women's competition begins at 9 a.m. on ESPN3, and the men's at 10:30 a.m. on ESPN2.

Joey Chestnut walked away as the victor of this year's "Nathan's Famous July Fourth Hot Dog Eating Contest".

A total of US$40,000 in prize money was up for grabs, with the first-place winners taking home US$10,000 each.

Judges at the Nathan's Hot Dog eating contest might be replaced by a digital system, ESPN reported Thursday, after a drastic miscount at the annual Coney Island event Wednesday caused an uproar.

Scoring at the event, which takes place on New York's Coney Island boardwalk every Fourth of July, has financial implications. He gobbled up 10 more than the next-closest chomper in the annual Fourth of July throwdown.

The current reigning champion is Joey "Jaws" Chestnut, who past year managed to eat 72 hot dogs in under ten minutes.

Chestnut broke the record that he had set in 2016 when he ate 73.5 hot dogs in a qualifier.

Joey Chestnut is an unstoppable force of nature. She will be back this year for her fifth round.

Chestnut told ESPN after his win that he was "enjoying the food" during the competition.

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