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Now Carr was a favorite for the 400 m gold at the 1932 Summer Olympics, which were held in Los Angeles. He cruised through the heats, as did Eastman. In the final, Eastman led for most of the race, but with less than 100 m to go, Carr pulled up next to the Stanford athlete, and sprinted to victory in 46.2 seconds, a new world record, with Eastman taking the silver.
Carr won another gold medal as a member of the American 4x400m relay team, which did not include Eastman. The team nevertheless won easily, setting a new world record as well (3.08,2).
On March 17, 1933, Carr's athletic career was cut short when he was involved in a car accident. He broke both his ankles and his pelvis, and never competed again.