The tournament is best known for Sachin Tendulkar's back to back centuries against Australia (popularly known as 'Desert Storm').
All matches were day and night games and the tournament featured India, Australia and New Zealand cricket teams.
India won the tournament after losing all their league games against Australia in a reversal of what happened during the Pepsi Cup (sponsored by Coke's competitor Pepsi) in India just preceding this tournament, where Australia lost all their league ties to India but beat India in the finals to claim the title.
Sachin Tendulkar won the man of the tournament award and an Opel Astra that went with the award, apart from winning other awards for most sixes and fastest fifty. Damien Fleming and Ricky Ponting of Australia won the best bowler and best fielder awards respectively.