I thought Jack Daniels studied a few guys whose V02 max stayed up there over the years. Here is something from page 11 of the "Lydiard or Daniels" thread from Jack Daniels that mentions one of those guys:
So much to do and so little time. I do have all the data on the 25-year followup. Most amazing was that all 26 subjects returned for testing (amazing that all 26 were still alive and well enough to do the testing). They had put themselves into 4 groups -- fat and unfit, fat and fit, lean and unfit and lean and fit. Better results by the fat and fit group than by the lean and unfit group, so keep exercising, there is no putting it in the bank -- you must keep at it. Importantly getting back together prompted a few of the not so fit to get back into some training. 3 little tidbits were that one guy who never had over a 148 max heart rate as a younger guy (I always thought I had made a mistake counting in each of his tests) had a 146 max 25 years later (so I guess I was right inthe first place); anopther had a max HR of 186 as a 25 year old and 192 as a 50 year old (so much for 220-age), and one guy had a VO2max of 78 as a 25 year old and 76 when 50 years old. Maybe I should get to writing it all down for publication.
To the original poster: Every time a cell divides, the telomeres get a little shorter. If the telomeres get too short, the cell dies. This is one part of the scientific explanation for aging.
I am 58 years old. I still think of myself as a 400/800 guy.
My 400 has slowed about 28% since high school.
My 800 has slowed about 23% since high school.
My mile has slowed about 18% since high school.
Around age 45, my sprinting speed just went to hell. No amount of weight training, plyos, speed work, or hills could bring it back. I feel like my pure fast twitch motor units just died off, but my pure slow twitch and fast twitch with oxidative potential have hung in there pretty well. With modern training (we didn't have much in the way of long interval training in the late 60s/early to mid 70s) my endurance end is much better trained. But even 18% slowdown is discouraging!
Just like no one can predict how you will grow and develop as you reach puberty and adulthood, no one can predict how an individual will age. Guys like Bill Collins (world class sprinter in his 20s, world class masters guy now) are one thing. But what about Charlie Allie? How does he do what he does?
http://masterstrack.com/2013/07/25238/