This was the first real test of the tournament for the Italian side who had faced Australia and the Ukraine in their two knockout games up to this point.
Germany, on the other hand, had already overcome a strong Sweden side before beating Argentina on penalties in the previous round.
Dortmund was the setting for this clash between the two old rivals, but the game failed to live up to it's billing. A 0-0 draw was played out with few chances being created in the opening 90 minutes, as both teams played disciplined defence.
Even as extra time wore on, penalties looked a foregone conclusion. That was until a 26-year-old Andrea Pirlo produced some trademark brilliance to settle the tie. It was the 117th minute when he picked up the ball in midfield and rifled a shot at goal on his weaker left foot.
Lehmann in goal could only parry it behind for a corner and Italy threw men forward. The corner was cleared to Pirlo on the edge who brought it under control onto his right foot. He shaped to pass the ball back out wide before cleverly reversing the ball in between the two defenders, Cristoph Metzelder and Bastian Schweinsteiger.
It came to Grosso who wrapped his foot round it and sent it curling into the far corner beyond the reach of Lehmann. The whole of Italy went wild. Gigi Buffon ran the length of the pitch to join in the celebrations.
There were still two minutes left though, and Germany went full overload in front of their own fans to try to salvage the game. What was to come next was inevitable.
An attack broke down and the Italians were on the break. Gilardino put the ball into the path of del Piero in his trademark zone - he doesn't miss from there. 2-0 and the German fans were in tears.
Italy would go on to win the tournament - Grosso scoring the winning penalty in the shootout against France.