1962 Copa Libertadores

The 1962 Copa de Campeones de América was the third edition of South America's premier club football tournament. Ten teams entered, one more than the previous season, with Venezuela 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.

Background
The format for the tournament had changed this season with the tournament seeing group stages for the first round of matches with a regional tournament flair in each of the three groups that competed in the tournament. This also meant that the defending champion would automatically qualify through to the semi-final stage of the tournament.

Semi-finals

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Second leg
CF Nacional won 3–0 on aggregate

Botafogo won 5–1 on aggregate