(CNN) -- Fabian Cancellara displayed his customary invincible form against the clock by claiming Saturday's 30 kilometer individual time trial in Valencia to reclaim the lead in the Tour of Spain.
Cancellara is finding the gold jersey fits well after his second Tour of Spain win.
The Swiss powerhouse held the gold jersey after winning last Saturday's prologue to open the three-week tour and wrested it back from Andrei Greipel after a brilliant ride.
The Saxo Bank star clocked 36 minutes 41 seconds in lashing rain and strong winds in the Spanish port city - finishing 32 seconds ahead of Britain's David Millar, who had set the early pace.
Former world time trial champion Bert Grabsch finished in third place, four seconds further back.
Cancellara started cautiously in the difficult conditions and was behind Millar at the first checkpoint, but turning a massive gear he soon took control on the downwind finishing sections.
But he is unlikely to seriously defend the leader's jersey on Sunday's mountainous stage of 203 kilometers from the city of Alzira to the Alto de Aitana with no less than eight climbs.
It will be the first chance for pre-race favorite Alejandro Valverde and other leading contenders to show their mettle.
Valverde rode a solid time trial to finish 13th and sits handily at one minute 14 seconds down in seventh place overall.
Spanish rival Samuel Sanchez, the Olympic road race champion, is six seconds further adrift.
Cancellara currently holds a 51 seconds lead in the overall standings from former world champion Tom Boonen, who shrugged off a fall to ride a fine time trial.
David Herrero is the highest-placed Spanish rider in third overall, 59 seconds back.
Team Columbia's Greipel started the day in gold, but the sprint specialist accepted the inevitable and lost over two and a half minutes to slip down the standings.
Tour de France champion Alberto Contador is sitting out his home tour and will also skip the world championships in Switzerland later this month where Cancellara is expected to be a contender in both the time trial and individual road race.