Aust sailors lose Olympic selection appeal

Australian sailors Tess Lloyd and Caitlin Elks have lost an appeal after they weren't selected to go to the Rio Olympic Games.

The 49erFX sailing pair appealed to the Court of Arbitration for Sport after they weren't picked despite qualifying Australia for a spot at the Games.

"We acknowledge the commitment and dedication of all those athletes who were vying for Olympic nomination across all classes but Australian Sailing believes Olympic Games nomination requires the highest standard of performance," Australian Sailing chief executive Matt Carroll said on Monday.