As the title is asking, why is this? Why aren't records set in the Tokyo 2020 Olympics considered Olympic records? This IS the Olympics that we're watching on tv right now and that's going on in Tokyo right now.
I saw this in the Men's 100m Fly with the gold medal winner setting a World Record, and not an Olympic record.
This also happened in the Women's 200m Free Relay. The line on tv showed WR and not OR as we were following along during the race to see who won.
So again, why are these not considered Olympic records and only considered as World Records?