To convert 800 meters to miles, we can use the conversion factor from meters to miles. We know that:
1 mile = 1609.34 meters.
To find how many miles are equivalent to 800 meters, we use the following calculation:
\[ \text{miles} = \frac{\text{meters}}{\text{meters per mile}} = \frac{800 \text{ meters}}{1609.34 \text{ meters/mile}}. \]
Now performing the calculation:
\[ \text{miles} = \frac{800}{1609.34} \approx 0.4968745 \text{ miles}. \]
Rounding this to the nearest hundredth gives us approximately: \[ 0.50 \text{ miles}. \]
So the answer is 0.50 miles.