SOURCE: Volvo Ocean Race
Sanya Haitang Bay In-Port Race
It's the second in-port win in four races for Iker Martínez's men, who have also won all three offshore legs. Glory in Sanya Bay sees Telefónica extend their total to 101 points.
PUMA Ocean Racing powered by BERG took second place with Abu Dhabi Ocean Racing claiming the final podium position.
Mike Sanderson's hometown heroes on Team Sanya fought bravely but could not challenge for a top three finish.
Flat waters and winds gusting up to 20 knots provided perfect conditions for the fourth in-port race of the 2011-12 edition, allowing the teams to put on a spectacular show for the thousands of spectators who turned out to watch the action.
Telefónica took the lead early, rounding the first mark with a 28-second lead over their rivals before a rare mistake from the leaders at the second mark saw Ken Read's PUMA close the gap to just eight seconds.
The overall rankings remain unchanged.