He made his second stint in the national team in 2002 for the Asian Games in Busan, South Korea. With Racela as point guard, the Nationals made it all the way through the semifinals against host South Korea. In the final minute, Racela scored a three-pointer to give the Philippines the lead. However, after recovering the possession and was fouled, he missed two crucial free throws that could have given the country a four-point lead. Instead, Lee Sang Min's buzzer-beating triple gave the Koreans a dramatic 69-68 victory. Some argued that the blame rested on Jong Uichico's coaching strategy in which he did not set up a plan to ease Racela's pressure from the 15 foot line.