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Alcaraz became the youngest champion at the Caja Magica after dispatching World No. 3 Alexander Zverev 6-3, 6-1 to capture his second ATP Masters 1000 title of the season.
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The 19-year-old, who defeated his childhood hero Nadal and World No.1 Novak Djokovic, en route to the grand finale, showcased brilliance as he overpowered the German within 61 minutes to bag a tour-leading fourth title of the year.
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Alcaraz also became is the second-youngest player to win two ATP Masters 1000 titles, after triumphing in Miami in March. Nadal captured crowns in Monte Carlo and Rome in 2005 when he was 18.
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"Master 1000 Madrid 🏆 Very happy to be able to get my second master 1000 here in Madrid, a very very special tournament since it was one of the first ones I came to see as a child❤️. Thank you very much to my team, family, friends and all the people who have been supporting me all week❤️ I love you Madrid 🥳❤️" the Spanish teenager wrote.
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Alcaraz is skipping the Rome Masters to recover from the ankle injury he suffered in the Madrid quarter-finals against the 21-time Grand Slam winner Nadal and will instead be gearing up for this month's French Open, where is a firm favourite.