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Semifinals

Racing Club (ARG) vs. Sporting Cristal (PER)

July 23 Buenos Aires (40,000)Racing Club 3, Sporting Cristal 2
July 30Lima (45,000)Sporting Cristal 4, Racing Club 1
Sporting Cristal wins on aggregate, 6-4

Cruziero (BRA) vs. Colo Colo (CHI)

July 23Belo Horizonte (30,000)Cruzeiro 1, Colo Colo 0
July 30Santiago (35,000)Colo Colo 3, Cruziero 2
(Aggregate 3-3, Cruzeiro wins 5-4 on aggregate after shootout)

South AmericaFinal