Woods and caddie Steve Williams both made the jump from the Nevis Highwire near the South Island township of Queenstown during a flying visit to the resort by helicopter and private jet. Woods is in New Zealand for Williams' wedding.
The cable car is held by 1,247 feet of tension wires spanning the Nevis Valley, but the canyon's walls narrow to about 100 feet at river level.
Jumpers free-fall for about 8.5 seconds, and the leap is regarded as one of the world's most daunting challenges for adventure tourists.
Woods will drive a powerful stock car in a 12-lap celebrity race at a dirt-track speedway south of Auckland on New Zealand's North Island on Monday.
The race has been organized by Williams, through his Steve Williams Foundation, to raise funds to provide sporting careers for disadvantaged youth.
Woods, the best man Friday in Williams' wedding to Kirsty Millar, said he expected to be involved in crashes during the race, but added his insurance was 'taken care of.'
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