Comment: 16 pages, 4 tables, 2 figures, 10 references, 1 appendixThis study investigates the causal effects of open-water swim drafting by leveraging a natural experiment induced by staggered race starts during the COVID-19 pandemic. Before 2020, athletes started in groups, enabling drafting benefits, while pandemic-related restrictions significantly reduced these opportunities. Using agglomerative hierarchical clustering of swim-out times, I analyze optimal drafting positions and estimate their impact on Swim-Out performance. Our empirical findings reveal that swim drafting benefits were statistically insignificant in 2020 but persisted post-pandemic at slightly reduced levels. I find that drafting becomes advantageous only from the third trailing position onward, with earlier positions primarily serving to minimize fatigue. To mitigate endogeneity, I employ athlete and event fixed effects. The seemingly inverse decaying nature of drafting benefits partially addresses some concerns of simultaneous reverse causality and omitted variable bias. This study provides the first largescale causal estimate of drafting effects in real-world triathlon race settings.