Atletico Madrid have won a third UEFA Super Cup title following the 4-2 extra time win over rivals Real Madrid at the A Le Coq Arena in Talinn, Estonia.

The new Super Cup champions got off to a dream start in the first minute when Brazilian-born Spanish striker Diego Costa struck the opening goal after 49 seconds for the fastest goal in the history of the competition.

Much maligned Real Madrid star Karim Benzema pulled the European champions level on 27 minutes before captain Sergio Ramos gave his team the lead for the first time in the game.

Atletico Madrid right-back Juanfran was penalised for handball inside the box and Ramos stepped up to convert the resultant penalty on 63 minutes in the absence of regular spot kick taker Cristiano Ronaldo, who joined Italian Serie A champions Juventus earlier this summer.

Diego Costa prodded home from close range for his second goal to level proceedings for Atletico Madrid with eleven minutes remaining and take the game into extra time.

Spanish international midfielders Saul Niguez and Koke pounced on substandard defending from the Real Madrid defence with five minutes in first half of extra time to edge Atletico Madrid 4-2 ahead.

The Rojiblancos thereafter held on for the remainder of extra time to secure a third title following the earlier triumphs in 2010 and 2012.

With the result, new Real Madrid manager Julen Lopetegui starts his reign with a defeat.

He was appointed in June as a replacement for three-time Champions League winning coach Zinedine Zidane, who resigned at the end of last season.