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Joey Chestnut and Miki Sudo continued their Fourth of July tradition of breaking records in Nathan's Famous International Hot Dog Eating Contest on Wednesday on Coney Island's famed boardwalk in Brooklyn, N.Y.

Rich Shea, the president of Major League Eating and a color commentator for Wednesday's Nathan's Famous Hot Dog Eating Contest, addressed the event's two major counting errors, telling Darren Rovell of ESPN.com the "incident might be impetus to bring competitive eating into the digital age". Carmon Cincotti was runner up with 63 dogs with Darron Breedon who followed behind with 43.

The initial tally incorrectly stated Chestnut only ate 64 franks, as the judges were unaware that the San Jose local was initially eating off of two plates.

A 34-year-old American man set a new world record Wednesday by devouring 74 hot dogs in 10 minutes at an annual hot dog eating contest in NY. Sudo and Chestnut took home $10,000 each.

When interviewed shortly after his 11th victory in 12 years, Chestnut insisted he ate 74 hot dogs and that those keeping track of him egregiously miscounted.

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Sudo, 32, fell short of the 41 hot dogs she consumed previous year.

Starting at 10:50 a.m. ET, you can tune into ESPN3 or the ESPN app on your mobile device for live coverage.

This year's competition also featured New Orleans' Adrian "The Rabbit" Morgan, who is the seventh-ranked competitive eater worldwide.

For 102 years, Nathan's Famous Hot Dogs have held their annual contest on July 4 in Coney Island, New York. She beat out 19 other women, including record-holder Sonya Thomas.

Sudo, 33, of Las Vegas, won her fifth title in a row in the women's competition, chowing down 37 dogs. He continued to stretch the lead down the stretch, though at a slower pace, finishing with 74 hot dogs, a dominant, 11-hot-dog-and-bun margin over second-place finisher Carmen Cincotti. Her goal for the big day is ten; this will be her second year competing, and the first time joined by her daughter.