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The American teams of Jody LUTZ, Jay LUTZ and Derek GANGER and Amanda CLARK, Victor LOBOS and Will BROWN also started well, with the former in third after finishes of 3,6 and the latter fourth, scoring a ninth in race one, but following with a bullet in race two.
The International Masters Championship was, along with the South Americans, decided in the build up to the Worlds with victory going to the Candian team of Peter HALL, Philip KERRIGAN and Jay DEAKIN.
45 teams are competing in the Championship, with sailors coming from Chile, the USA, Canada, Brazil, Argentina, Ecuador, Switzerland and Finland. Nine races are scheduled to decide the title, with the final day of racing on Saturday.
Top Ten After Two Races
| Pos | Nation | Helm | Crew | Crew | R1 | R2 | Pts |
| 1 | CHI | Alberto GONZALEZ | Diego GONZALEZ | Cristian HERMAN | 1 | 2 | 3 |
| 3 | CHI | Cristobal PEREZ | Cristian PEREZ | Francisco PEREZ | 5 | 4 | 9 |
| 2 | USA | Jody LUTZ | Jay LUTZ | Derek GANGER | 3 | 6 | 9 |
| 4 | USA | Amanda CLARK | Victor LOBOS | Will BROWN | 9 | 1 | 10 |
| 5 | USA | Ched PROCTOR | Ned ROSEBERRY | Jay LURIE | 6 | 5 | 11 |
| 6 | USA | Bill MAUK | Bill FASTIGGI | Suzy COBURN | 2 | 14 | 16 |
| 7 | CHI | Juan Eduardo REID | Pablo LORCA | Matias DEL SOLAR | 8 | 8 | 16 |
| 8 | CHI | Alejandro PEREZ | Sebastian BEJIDE | Cristobal GREZ | 15 | 3 | 18 |
| 9 | CAN | Larry MCDONALD | Joy MCDONALD | Kevin ROBINSON | 7 | 11 | 18 |
| 10 | CHI | Pablo HERMAN | Luis Felipe HERMAN | Claus ENGEL | 4 | 15 | 19 |