The 66-year-old Nelson had a 6-under-par 66 Friday to join Russ Cochran and Mark Mouland atop the leaderboard at Prestonwood.
Faldo withdrew after 12 holes because of an elbow injury. He tweaked a torn capsule in his left elbow when he made a gesture during a putt on No. 6. The six-time major champion was on the 13th tee at 1-over when he shook hands with playing partners Kenny Perry and Tom Kite and walked off the course.
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