For the second day in succession, Jacques Villeneuve and his BAR-Supertec 01 had the fastest time in testing at the Circuit de Catalunya. The 1997 Formula One World Champion's quickest lap, of 1 min 23.8 secs, was recorded while running through a program involving engine mapping and suspension set-up work. Only Williams driver, Alex Zanardi, with a lap of 1:23.6 set on the first day of this three-day session, recorded a faster time than Villeneuve.
| Driver | Time | Laps |
| Villeneuve (BAR) | 1:23.8 | 23 laps |
| Zanardi (Williams) | 1:23.9 | 15 laps |
| Badoer (Ferrari) | 1:24.1 | 13 laps |
| Panis (Prost) | 1:24.5 | 12 laps |
| Salo (Arrows) | 1:24.6 | 18 laps |
| Irvine (Ferrari) | 1:24.7 | 54 laps |
| Trulli (Prost) | 1:24.9 | 54 laps |