Around 1630 hours, the breeze picked up to a manageable 5 knots and the rotation resumed with the Knock Out and Grey Goose series. Ireland 1 and Italy, along with both teams from Great Britain and the USA had advanced to the quarterfinals by virtue of their placings in the earlier rounds. That left Australia 1, Ireland 2, Japan 1, both New Zealand teams and the US Virgin Islands to sail the Knock Out series that would determine two teams who would move on to join the seeded teams. The four who were 'knocked out' would settle into places 9-12 in the overall Championship standings based on the results of the Knock Out. At the end of the rotation, five of the six teams stood tied with win-loss records of 3-2. Once the tie-breaker was computed, Ireland 2 and New Zealand 1 would move on, with the US Virgin Islands finishing ninth, followed by Australia 1 and New Zealand 2, and Japan 1 (0-5).
The Grey Goose series, which was fought out between Australia 2, Canada, the Czech Republic and Japan 2, would determine 13-16 place overall. Final Championship standings at the end of this round saw Australia 2 with 3 wins in 13 place, followed by the Czech Republic (2-1); Japan 2 (1-2) and Canada (0-3).
Saturday's final races will determine the 2005 Grey Goose ISAF Team Racing World Champions. Spectators can catch the action from the northern end of Goat Island starting at 0900 hours. At the conclusion of racing, awards will be presented at Harbour Court followed by Closing Ceremonies.