At the end of the day Ralf Schumacher would improve to finish third fastest, despite having another spin. Ralf would set a best time of 1m:17.228 late in the session. Ralf went out early in the session, and again made an error which would see him lock up at turn two and run wide over the grass. After fifteen minutes of the session Ralf would also run off at turn thirteen but was able to keep his engine running and pull away just as marshals moved towards his car.

For Juan Pablo Montoya he would finish the day in sixteenth as he continued to struggle to find a correct setup for the track. Such were his difficulties that he would spin off the track at turn nine and find himself stuck in the gravel late in the session.

Despite also have their own moments out on the track it would still be the Ferrari pair of Michael Schumacher and Rubens Barrichello who would finish the day fastest. Michael would improve on his morning time by four tenths of a second, finishing ahead of Rubens Barrichello who also set a time in the 1:16 bracket. Even Michael was to have a spin, losing the rear of his car at low speed in turn thirteen. He was able to keep his engine running and resume his practice.

Behind Ralf came McLaren’s Kimi Raikkonen in fourth. Like all the other drivers he too worked through his programme trying to find the right setup. "As expected the circuit was still very slippery today, but we found quite a good set up," Raikkonen said.

Next came the Jordan's of Giancarlo Fisichella and Takuma Sato in fifth and sixth, ahead of Sauber’s Felipe Massa who crashed at the end of the session, slightly damaging his C21 Sauber.

David Coulthard was in eighth. The session would see David spin off early in the session but he was able to return to the pit lane. This was followed by David Coulthard suffered a rear left puncture causing his McLaren spin under braking for turn six. Coulthard finished ahead of  Jaguar’s Pedro de la Rosa, and the Renault's of Jenson Button and Jarno Trulli.

BAR Honda man Jacques Villeneuve was in twelfth having not improved on his earlier time, followed by Jaguar’s Eddie Irvine, and Olivier Panis. At the start of the session Jacques Villeneuve would understeer off the track and into the gravel at the very quick turn four, before recovering to the track. Eddie Irvine was to also spin in the final sector, but managed to keep his engine running and keep going.

Toyota's Mika Salo was fifteenth, finding his car not suited to the circuit. He was ahead of Juan-Pablo. Next came Sauber's Nick Heidfeld in seventeenth after not improving his time from the morning session. Twenty minutes from the end of the session Heidfeld would hooked his left rear wheel over the kerb at turn four  spinning off, hitting the barriers and going out of the session.

Next was Toyota's Allan McNish, and Minardi's Anthony Davidson. He would finish ahead of his team-mate despite this being his first experience of Grand Prix practice. Webber rounded out the timesheets with a 1m:19.526.