If swimming wasn't the first event, I'd like my odds. I don't like the idea of swimming at the same time as the shark, even if eating your opponent is grounds for disqualification.
Yeah, that's what I was gonna say, I think it comes down to whether swimming is the first event. If it is, the shark wins (because I forfeit).
Assuming we're talking about an actually dangerous type of shark and not one of the many many harmless shark species.
Swimming is always the first event in a triathlon because asking someone to swim 2.5 miles after having run a marathon or cycles 100+ kilometers is an incredible recipe for drowning.
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Just don't splash too much and the shark won't have any interest in eating you. If it does seem to want to come in for a nibble, hold your ground and forcefully push it down you when it comes close to check you out.
If a shark can play the drums well enough to be in a band, I wouldn't bet against a shark being a good cyclist.
Keyword is "probably". If you've never seen a shark run, you can't be sure how fast they would actually be.