Mascalzone Latino and Victory Challenge set out to decide the overall winner of the Jeep Challenge 2006.

The Jeep Challenge is organized by DaimlerChrysler Italy in collaboration with the Yacht Club Costa Smeralda. Of the four competing America's Cup teams, Spain's Desafio Espanol and Germany's United Internet Team Germany were eliminated after yesterday's semi-final results.

A light breeze of around 4-5 knots from north-east accompanied the Swedes of Victory Challenge, with helmsman Mattias Rahm, as, living up to their name, they won the first three match races, dominating Vasco Vascotto’s Mascalzone Latino completely.

Mascalzone got off to a good start in the first race, rounding the first two marks ahead, but the Swedes managed to overtake during the second windward leg and went on to cross the finish line just 5 seconds ahead of the Italians.

The Scandinavians dominated the second match from the start and gave nothing away to the Italians.

The third and final race was closely-fought and saw Mascalzone Latino win the start and dominate for most of the regatta only to be overtaken half-way through the final leeward leg. Victory Challenge crossed the finish line just 6 seconds ahead of Mascalzone.

The prizegiving will take place tonight during the gala dinner to be held at the Yacht Club Costa Smeralda. A VIP fleet regatta will take place tomorrow with guests aboard each of the Mumm 30 craft.