The Albicelestes stunned the defending World Cup champions, taking a quick lead with a 3rd minute goal from striker Hernán Crespo. Crespo fired a low shot from just inside the edge of Brazil's penalty area and the ball went into the net just past the hands of oustretched keeper Dida.
Midfielder Juan Román Riquelme then doubled Argentina's lead in the 18th minute with a powerful left-footed shot from 30 meters out that flew to Dida's right and into the top corner.
Crespo added a third in the 40th minute with a flying header, completing Argentina's domination of the first half and giving them a 3-0 lead at the break.
Brazil fought back in a physical second half and finally netted a goal with a Roberto Carlos free kick in the 71st minute. They had several chances to add to their tally, but a combination of the woodwork and brilliant play from Argentina's keeper Roberto Abbondanzieri turned away shots from Ze Roberto, Roque Junior, Kaká, Adriano, and Ronaldinho.
Despite the loss, Brazil finished second in CONCACAF to qualify for the 2006 World Cup in Germany, where both Argentina and Brazil were eliminated in the quarterfinals.