I think Ginny misread your report...Mike was NOT on the podium. Manuel took third from him on the 5th lap! Mike is a truly gifted athlete, and for you to be racing head to head, and taking him towards the end of a tough race is a very good result.
So, now the coach's questions start?
1) Are you surprised at not having the "jump", considering racing just one week after Salty Dog?
2) Are you able to see that this "race" was actually the perfect functional training session for the real events that are just about to start for you this season?
3) Are you able to have the confidence to allow your body to recover fully this week, and return to focus on structural development once you have recovered, in order to ensure continued improvements through the rest of the season?
4) Can you be patient, and not force yourself into harder "training" to overcome the deficit?
5) Did you do any respiratory training last week that may have impeded your recovery from Salty Dog?
6) Do you have a schedule for Spiro-Tiger training that will allow you to improve each week, while still allowing recovery before important races?
7) Are you satisfied with your results?

Are you proud of what you have accomplished?
9) Have you made a note of the apparent weakness that you would like to develop over the next 3-4 weeks?
10) Have you determined a way to develop the structures to overcome the weakness, and recognized it will take both recovery and time in order to succeed?
Good start...what's next?