conicsl
In most cases though it's very obvious when a male is in a women's event. For example, no-one is going to mistake this male, who competes in women's cycling, for female: https://i.ibb.co/N6ZBzh4K/F4-Svyxt-XYAAMpc-M.jpg
The best athletes often do have some sort of genetic privilege, that is true. But look at the world records of pretty much any sport and compare the most elite male athletes with the most elite female athletes: the difference is massive. Even having advantages in limb length, lung capacity, and so on doesn't overcome the physical advantage of male development.
At this point it's hundreds of male athletes competing in women's and girls' sport: https://shewon.org/males
1. Do male athletes dominate female athletes in competition? We know the answer to that is yes, in almost all sports. It's why we have a separate female category, and there is a wealth of evidence to support this - from biological studies by sports scientists to comparisons of world records.
2. Are there any interventions that male athletes can take upon their bodies to entirely eliminate the male physical advantage in sports? From the evidence we have so far, the answer is no. They can be weakened through testosterone suppression, but in general they still retain a significant advantage over female athletes.
There is also the question of whether an impaired male athlete should be considered equivalent to a female athlete for the purposes of eligibility in the female category. This is more of a philosophical question and leans heavily on whether one believes that "trans women" are women or not. Is it fair to impose this belief on others who do not share this belief - particularly female athletes who may fundamentally object to being compelled to compete against men?
Others are listed here: https://www.shewon.org/males
It is a problem - see https://shewon.org for an increasingly long list of actual women who have been pushed out of winning spots in their sports by men who identify as women.