Washington Capitals winger Alex Ovechkin and Team Russia defeated Finland, 3-1, to win the 2012 Channel One Cup. Russia remained undefeated in Euro Hockey Tour play with the victory.

Ovechkin helped set up Evgeni Malkin's powerplay goal that gave Russia a 2-0 lead in the contest. Malkin's goal would prove to be the game-winning goal after Mikko Maenpaa scored for Finland late in the second period. Ilya Kovalchuk put the game out of reach with a goal early in the third period.

Russia defeated the Czech Republic, 6-0, and Sweden, 5-1, in the Channel One Cup. Ovechkin scored a goal against Sweden and had an assist against the Czech Republic.

Russia is in first place after the first two rounds of the Euro Hockey Tour. The Russian team has lost just one game out of six, a 2-1 overtime defeat in November at the hands of the Czech Republic in a tournament in the Karjala Cup in Finland.