Real Madrid edged into the Supercopa de Espana final with a 4-3 penalty shoot-out victory over Valencia following an unconvincing 1-1 draw after extra time on Wednesday.

Carlo Ancelotti's side were not at their best in Riyadh, but Eray Comert – who conceded the penalty for Benzema's first-half opener – and Jose Gaya both faltered from 12 yards.

Samuel Lino's 46th-minute strike had earlier pulled Valencia level before Giorgi Mamardashvili made a trio of fine extra-time saves, but Comert blasted over and Thibaut Courtois denied Gaya to send Madrid through.

Los Blancos will aim for their third Supercopa in the last four seasons on Sunday when they face the winners of Thursday's semi-final between LaLiga leaders Barcelona and Real Betis.

WE'RE IN THE FINAL! #SuperSupercopa pic.twitter.com/9yNdL4A6py

— Real Madrid C.F. (@realmadriden) January 11, 2023

Rodrygo blazed just wide from a presentable 10th-minute opportunity before Benzema and Federico Valverde both arrowed narrowly off target in a one-sided opening.

A needless Comert lunge inside the area from behind on Benzema offered Madrid the breakthrough, with the striker subsequently converting the spot-kick into the bottom-right corner.

Lino punished Lucas Vazquez's slack marking immediately after the interval as he turned home Toni Lato's right-wing cross with a right-footed finish past Courtois.

Benzema headed just over from Valverde's pinpoint centre before Mamardashvili expertly denied a gilt-edged Vinicius Junior chance, sending the game to extra time.

Mamardashvili produced two impressive stops to thwart Vinicius and Toni Kroos before Courtois crucially kept Fran Perez at bay, ensuring penalties were required.

Luka Modric converted to put Madrid in control after Comert whipped over when looking for the top-left corner, and Courtois then halted saved from Gaya – Valencia's fifth taker – to keep Los Blancos on course in the Supercopa.