Wellington cyclist Paula Tesoriero has set a new world record in winning gold in the 500m time trial at the Beijing Paralympics on Monday.

Tesoriero recorded a time of 43.281sec to finish ahead of German rider Natalie Simanowski, with Australia’s Jayme Paris third.

Tesoriero was elated with the victory, but doesn’t plan to stop at just one gold medal.

“I feel fantastic. Absolutely fantastic,” she said straight after her win.

“The race went exactly to plan. It was a bit tight toward the end, but I finished around half a second between gold and silver. My next race is on Wednesday and I want to do it again,” she said.