| Tournament details | |
|---|---|
| Dates | February 7 - August 30 |
| Teams | 10 (from 9 confederations) |
| Final positions | |
| Champions |  Santos (1st title) |
| Runners-up |  Peñarol |
| Tournament statistics | |
| Matches played | 26 |
| Goals scored | 107 (4.12 per match) |
| Top scorer(s) | Coutinho Alberto SpencerEnrique Raymondi(6 goals each) |
←1961 1963 → | |
The1962 Copa de Campeones de América was the third edition ofSouth America's premier clubfootball tournament. Ten teams entered, one more than the previous season, withVenezuela again not sending a representative. This was the first edition in which the defending champions qualified automatically, allowing the nation which contained the holders to have an extra team in the tournament.
Santos ended theCarboneros' reign, as they defeatedPeñarol 0–3 in the deciding playoff in Buenos Aires.
| Country | Team | Qualification method | App | Last | Previous Best |
|---|---|---|---|---|---|
| CONMEBOL 1 berth | Peñarol | 1961 Copa Libertadores de América winners | 3rd | 1961 | champion (2) |
 Argentina1 berth | Racing | 1961 Primera División champion | first | ||
 Bolivia1 berth | Deportivo Municipal | 1961 Bolivian Primera División champion | first | ||
 Brazil1 berth | Santos | 1961Taça Brasil champion | first | ||
 Chile1 berth | Universidad Católica | 1961Primera División champion | first | ||
 Colombia1 berth | Millonarios | 1961 Campeonato Profesional champion | 2nd | 1960 | semifinals |
| Ecuador 1 berth | Emelec | 1961 Campeonato Ecuatoriano de Fútbol champion | first | ||
 Paraguay1 berth | Cerro Porteño | 1961Primera División champion | first | ||
 Peru1 berth | Sporting Cristal | 1961 Primera División champion | first | ||
| Uruguay 1 berth | Nacional | 1961 Primera División runner-up | first | ||
This season saw the competition have an increase in participants by one team; as a result, the preliminary round from the previous season was eliminated. The first phase was now a group phase with three groups containing three clubs each. The format for the semifinals and the finals remained the same.
At each stage of the tournament, teams received 2 points for a win, 1 point for a draw, and no points for a loss. If two or more teams were equal on points, the following criteria was applied to determine the ranking in the group stage:
Starting this edition, a playoff would become the first tie-breaker, then goal difference.
Nine teams were drawn into three groups. In each group, teams played against each other home-and-away. The top team in each group advanced to the semifinals.Peñarol, the title holders, had abye to the next round.
| Team | Pld | W | D | L | GF | GA | GD | Pts |
|---|---|---|---|---|---|---|---|---|
| Santos | 4 | 3 | 1 | 0 | 20 | 6 | 14 | 7 |
| Cerro Porteño | 4 | 1 | 1 | 2 | 6 | 14 | -8 | 3 |
| Deportivo Municipal | 4 | 1 | 0 | 3 | 8 | 14 | -6 | 2 |
vCerro Porteño| 11 February 1962 | Deportivo Municipal | 2 - 1 | Cerro Porteño | La Paz |
Aguilera 4'Camacho 84' | Jara 18' | Attendance: 20,000 Referee: Alberto Tejada Burga |
vDeportivo Municipal| 15 February 1962 | Cerro Porteño | 3 - 2 | Deportivo Municipal | Asunción |
| Insfrán 42' Pavón 61'Jiménez 84' | Torres 73' Aguilera 83' | Attendance: 13,000 Referee: Esteban Marino |
vSantos| 18 February 1962 | Deportivo Municipal | 3 - 4 | Santos | Estadio Hernando Siles,La Paz |
| Aguilera 16' Torres 59'Ruiz Díaz 62' | Lima 42' Mengálvio 57'Pagão 78'Tite 80' | Attendance: 38,000 Referee: Olten Ayres de Abreu |
vDeportivo Municipal| 21 February 1962 | Santos | 6 - 1 | Deportivo Municipal | Vila Belmiro,Santos |
| Pepe 12' Pagão 16',46'Dorval 24',76'Coutinho 56' | Aguilera 52' | Attendance: 35,000 Referee: Alberto Tejada Burga |
vSantos| 25 February 1962 | Cerro Porteño | 1 - 1 | Santos | Asunción |
| Cabrera 82' | Dorval 56' | Attendance: 15,000 Referee: Luis Antonio Ventre |
vCerro Porteño| 28 February 1962 | Santos | 9 - 1 | Cerro Porteño | Vila Belmiro,Santos |
| Pepe 7',86' (pen.) Coutinho 35',54',60'Pelé 66',89'Dorval 69'Zito 80' | Insfrán 20' | Attendance: 45,000 Referee: José Luis Praddaude |
| Team | Pld | W | D | L | GF | GA | GD | Pts |
|---|---|---|---|---|---|---|---|---|
| Nacional | 4 | 3 | 1 | 0 | 9 | 6 | 3 | 7 |
| Racing | 4 | 1 | 1 | 2 | 7 | 8 | -1 | 3 |
| Sporting Cristal | 4 | 1 | 0 | 3 | 5 | 7 | -2 | 2 |
vSporting Cristal| 10 February 1962 | Nacional | 3 - 2 | Sporting Cristal | Estadio Centenario,Montevideo |
| Méndez 28' (pen.) Bergara 40'Rodríguez 49' | Gallardo 52',81' | Attendance: 32,000 Referee: Domingo Massaro |
vSporting Cristal| 14 February 1962 | Racing | 2 - 1 | Sporting Cristal | El Cilindro,Avellaneda |
| Sosa 16',46' | Del Castillo 32' | Attendance: 18,000 Referee:  José Dimas Larrosa |
vNacional| 17 February 1962 | Sporting Cristal | 0 - 1 | Nacional | Lima |
| Douksas 69' | Attendance: 12,000 Referee: Carlos Robles y Robles |
vRacing| 20 February 1962 | Sporting Cristal | 2 - 1 | Racing | Lima |
| Flores [es] 23' Gallardo 32' | Griguol 75' | Attendance: 15,000 Referee: Carlos Robles y Robles |
vRacing| 24 February 1962 | Nacional | 3 - 2 | Racing | Estadio Centenario,Montevideo |
| Bergara 6' Rodríguez 24'Pérez 82' | Oleniak 2' Belén 88' | Attendance: 40,000 Referee: Carlos Robles y Robles |
vNacional| 27 February 1962 | Racing | 2 - 2 | Nacional | El Cilindro,Avellaneda |
| Marchetta 3' Cárdenas 72' | Bergara 41' Álvarez 84' | Attendance: 10,000 Referee: Carlos Robles y Robles |
| Team | Pld | W | D | L | GF | GA | GD | Pts |
|---|---|---|---|---|---|---|---|---|
| Universidad Católica | 4 | 2 | 1 | 1 | 10 | 9 | 1 | 5 |
| Emelec | 4 | 2 | 0 | 2 | 12 | 10 | 2 | 4 |
| Millonarios | 4 | 1 | 1 | 2 | 7 | 10 | -3 | 3 |
vMillonarios| 7 February 1962 | Emelec | 4 - 2 | Millonarios | Estadio George Capwell,Guayaquil |
| Lecaro 49' (pen.) Raymondi 50'Gando 70'Aquino 83' | Gamboa 9',59' | Attendance: 40,000 Referee: Pablo Victor Vaga Albergati |
vEmelec| 10 February 1962 | Universidad Católica | 3 - 0 | Emelec | Estadio Nacional,Santiago |
| Trigilli 35' Tobar 71'Fouilloux 76' | Attendance: 16,542 Referee: José Luis Praddaude |
vMillonarios| 14 February 1962 | Universidad Católica | 4 - 1 | Millonarios | Estadio Nacional,Santiago |
| Fouilloux 5',73' Trigilli 57'Tobar 78' | Campillo 45' | Attendance: 25,000 Referee: Juan Carlos Armental |
vUniversidad Católica| 18 February 1962 | Millonarios | 1 - 1 | Universidad Católica | Estadio El Campín,Bogotá |
| Klinger 26' | Ramírez 30' | Attendance: 25,000 Referee: Juan Carlos Armental |
vUniversidad Católica| 21 February 1962 | Emelec | 7 - 2 | Universidad Católica | Estadio George Capwell,Guayaquil |
| Lecaro 23' (pen.) Raymondi 27',38',41',43',65'Bolaños 58' | Fouilloux 10' Ramírez 15' | Attendance: 40,000 Referee: Pablo Victor Vaga Albergati |
vEmelec| 28 February 1962 | Millonarios | 3 - 1 | Emelec | Estadio El Campín,Bogotá |
| Fifi 30' Benítez 59'Moscol 70' (o.g.) | Gallego 22' (o.g.) | Attendance: 15,000 Referee: Pablo Victor Vaga Albergati |
Four teams were drawn into two groups. In each group, teams played against each other home-and-away. The top team in each group advanced to the Finals.
| Team | Pld | W | D | L | GF | GA | GD | Pts |
|---|---|---|---|---|---|---|---|---|
| Santos | 2 | 1 | 1 | 0 | 2 | 1 | +1 | 3 |
| Universidad Católica | 2 | 0 | 1 | 1 | 1 | 2 | −1 | 1 |
vSantos| 8 July 1962 | Universidad Católica | 1 - 1 | Santos | Estadio Nacional,Santiago |
| Nawacki 75' | Lima 59' | Attendance: 27,236 Referee: Alberto Tejada Burga |
vUniversidad Católica| 12 July 1962 | Santos | 1 - 0 | Universidad Católica | Estádio Vila Belmiro,Santos |
| Zito 35' | Attendance: 15,000 Referee: Alberto Tejada Burga |
| Team | Pld | W | D | L | GF | GA | GD | Pts |
|---|---|---|---|---|---|---|---|---|
| Peñarol | 2 | 1 | 0 | 1 | 4 | 3 | +1 | 2 |
| Nacional | 2 | 1 | 0 | 1 | 3 | 4 | −1 | 2 |
vPeñarol| 8 July 1962 | Nacional | 2 - 1 | Peñarol | Estadio Centenario,Montevideo |
| González 10' Escalada 55' | Moacyr 32' (pen.) | Attendance: 46,235 Referee: Rubén Cabrera |
vNacional| 18 July 1962 | Peñarol | 3 - 1 | Nacional | Estadio Centenario,Montevideo |
| Cabrera 20' Spencer 72',78' | Douksas 68' | Attendance: 50,381 Referee: Rubén Cabrera |
vNacional| 22 July 1962Playoff | Peñarol | 1 - 1 | Nacional | Estadio Centenario,Montevideo |
| Spencer 69' | Acosta 61' | Attendance: 58,058 Referee: Alberto Tejada Burga |
Peñarol progressed to the finals due to better goal difference.
| Team | Pld | W | D | L | GF | GA | GD | Pts |
|---|---|---|---|---|---|---|---|---|
| Santos | 2 | 1 | 0 | 1 | 4 | 4 | 0 | 2 |
| Peñarol | 2 | 1 | 0 | 1 | 4 | 4 | 0 | 2 |
vSantos| 28 July 1962 | Peñarol | 1 - 2 | Santos | Estadio Centenario,Montevideo |
| Spencer 75' | Coutinho 5',44' | Attendance: 48,105 Referee: Carlos Robles y Robles |
vPeñarol| 2 August 1962 | Santos | 2 - 3 [a] | Peñarol | Estádio Vila Belmiro,Santos |
| Dorval 17' Mengálvio 35' | Spencer 14',49' Sasía 51' | Attendance: 18,000 Referee: Carlos Robles y Robles |
vPeñarol| 30 August 1962Playoff | Santos | 3 – 0 | Peñarol | Estadio Monumental,Buenos Aires |
| Caetano 11' (o.g.) Pelé 48',89' | Attendance: 60,000 Referee:  Leo Horn |
| Copa Libertadores de América 1962 Champion |
|---|
 Santos First Title |
| Pos | Player | Team | Goals |
|---|---|---|---|
| 1 | Coutinho | Santos | 6 |
| Alberto Spencer | Peñarol | 6 | |
| Enrique Raymondi | Emelec | 6 | |
| 2 | Pelé | Santos | 4 |
| Alberto Fouilloux | Universidad Católica | 4 | |
| Luis Aguilera | Municipal | 4 |
