We matched highly trained competitive male and female athletes using maximal oxygen uptake (V̇O<inf>2max</inf>) per kg skeletal muscle mass (SMM) to show sex differences in factors limiting V̇O<inf>2max</inf>. Thirteen highly trained male (28±3.0 yr) vs. 13 female (21.3±3.0 yr) endurance athletes and 10 male (23.9±3.8 yr) vs. 10 female sprinters (21.9±3.3 yr) performed an incremental running treadmill test until exhaustion. Main cardiorespiratory variables were measured using ergospirometry. SMM was determined using the dual X-ray absorptiometry method and a regression equation based on measured appendicular lean soft tissue. Basic hematological parameters were obtained from capillary blood samples taken before exercise. In both endurance and sprint groups, male athletes had significantly higher muscle mass (by 8-12%) and substantially lower total fat (by 55-58%). For almost all body composition indicators, the effect size of sex differences was very large (Cohens d>1.4). Male athletes obtained significantly higher values in cardiorespiratory variables (by 12-34%) and factors related to oxygen transport (9-13%). Cohens d of the revealed differences was large or very large in both groups (0.8-2.1 in sprinters and 0.8-2.3 in endurance athletes). Male and female competitive athletes having the same V̇̇O<inf>2max</inf> per kg SMM strongly differ in main factors limiting maximum oxygen uptake. These differences are more pronounced in endurance- than in sprint-trained athletes. The strongest differences are seen for body composition (fat, lean, and muscle mass) and central cardiac factors.