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"After 16 hours of racing, Comanche is going toe-to-toe with LawConnect around 90nm SE of Green Cape," an update from Comanche read just before 7am.
Oxley's team LawConnect, runner-up in the past three events, edged across the River Derwent finish line 51 seconds ahead of her rival not long after 8am (AEDT) on Thursday.
Part of the LawConnect team that competes in the race, Oxley will look to go one better than what he and the team managed to do in 2022.
Two-and-a-half hours into the race, which got under way in Sydney at lunchtime on Tuesday, LawConnect held a slight lead over rival supermaxis Andoo Comanche and Scallywag as the fleet began the journey down the NSW coast in light north-easterly winds.