The trunks worn by Muhammad Ali in his epic 'Thrilla in Manila' victory over Joe Frazier are expected to fetch more than $6m (£4.8m) at auction next week. Ali's iconic white satin shorts went up for sale with renowned auction house Sotheby's on Thursday - and the bidding has already reached $3.8m. The trunks, signed by Ali, were sold for $150,000 in 2012 but are likely to fetch 40 times that sum now. The auction runs at Sotheby's New York branch until Friday 12 April. The 'Thrilla in Manila', which took place in October 1975 in the capital of the Philippines, is one of the seminal bouts in boxing history. Frazier, ... (full story)