of 14min 13sec, which was six seconds faster than second placed Cannondale and third placed Orica GreenEdge.
also lost time to Quintana after his Tinkoff Saxo team finished 19 seconds down, while Joaquim Rodriguez finds himself 38 seconds back following a poor performance from his Katusha squad.
Movistar win stage one team time trial to give Jonathan Castroviejo race lead
The stage took place in warm evening sunshine on Spain south coast and although road conditions were ideal, the teams had to navigate their way around no fewer than 21 roundabouts.
Team Sky finished 27 seconds adrift in 11th place, which leaves Froome with an early deficit to Movistar Nairo Quintana, who is the favourite for overall victory.
MTN Qhubeka, the South African team who are making their debut at a Grand Tour, set the early pace, but Giant Shimano soon took over at the top of the standings with a time of 14min 29sec.
'Perfection'Castroviejo said afterwards: "We all nine rode to perfection. It was my honour to take the jersey, but this is a prize for the whole team. Without my team mates, it would have been impossible. couldn't have imagined I would be leading the race again. The jersey is mine now, but the goal is keeping it within the team."
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Chris Froome lost early time to his rivals at the Vuelta a Espana as Movistar won stage one's team time trial to hand Puma Shoes In White
Jonathan Castroviejo the race lead.
The Spanish squad negotiated a flat but technical 12.6km course in Jerez Puma Black Sneakers de la Frontera in a time Puma Shoes Black And Blue
Castroviejo was their first man over the finish line and consequently takes over in the red jersey for the second time in his career, having also led Movistar to victory in the stage one team time trial at the 2012 Vuelta.
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