# List of Supercopa Libertadores finals

The Supercopa Libertadores was a seasonal association football competition that was established in 1988. It was usually contested between August and December. The Supercopa Sudamericana was opened to the past winners of Copa Libertadores; Vasco da Gama, winners of the Copa de Campeones tournament held in 1948, was later allowed to participate. Nearly every phase of the competition was contested over two legs, one at each participating club's stadium. Racing Club won the inaugural competition in 1988, defeating Cruzeiro 4–1 on points.
Cruzeiro, alongside Independiente, hold the record for the most victories, with two wins each since the competition's inception. They are also the only teams to have won the competition consecutively. Overall, eight different clubs have won the competition since its inception in 1988 until it folded in 1997 to give room for other competitions. Clubs from Argentina have won the most Supercopa Libertadores titles, with six wins among them. Brazilian teams are second with three victories, and Paraguay are third with a lone triumph.

## Key

| # | Finals decided on goal aggregate |
| * | Finals decided by a penalty shootout |
| Bold | Indicates the winner in two-legged finals |
| Year | Each link is the relevant Supercopa Libertadores article for that year |

## Finals

| Year | Country | Winner | Score | Runner-up | Country | Venue | Location |
| 1988 | ARG | Racing | 2–1 | Cruzeiro | BRA | El Cilindro | Avellaneda, Argentina |
| 1988 | ARG | Racing | 1–1 | Cruzeiro | BRA | Mineirão | Belo Horizonte, Brazil |
| Racing won 4–1 on points |||||||
| 1989 | ARG | Boca Juniors | 0–0 | Independiente | ARG | La Bombonera | Buenos Aires, Argentina |
| 1989 | ARG | Boca Juniors | 0–0 | Independiente | ARG | La Doble Visera | Avellaneda, Argentina |
| 2–2 on points and 0–0 on goal difference; Boca Juniors won 5–3 in a penalty shootout * |||||||
| 1990 | PAR | Olimpia | 3–0 | Nacional | URU | Estadio Centenario | Montevideo, Uruguay |
| 1990 | PAR | Olimpia | 3–3 | Nacional | URU | Estadio Defensores del Chaco | Asunción, Paraguay |
| Olimpia won 4–1 on points |||||||
| 1991 | BRA | Cruzeiro | 0–2 | River Plate | ARG | Estadio Monumental | Buenos Aires, Argentina |
| 1991 | BRA | Cruzeiro | 3–0 | River Plate | ARG | Mineirão | Belo Horizonte, Brazil |
| 3–3 on points; Cruzeiro won 3–2 on aggregate |||||||
| 1992 | BRA | Cruzeiro | 4–0 | Racing | ARG | Mineirão | Belo Horizonte, Brazil |
| 1992 | BRA | Cruzeiro | 0–1 | Racing | ARG | El Cilindro | Avellaneda, Argentina |
| 3–3 on points; Cruzeiro won 4–1 on aggregate |||||||
| 1993 | BRA | São Paulo | 2–2 | Flamengo | BRA | Estádio do Maracanã | Rio de Janeiro, Brazil |
| 1993 | BRA | São Paulo | 2–2 | Flamengo | BRA | Estádio do Morumbi | São Paulo, Brazil |
| 2–2 on points and 4–4 on aggregate; São Paulo won 5–3 in a penalty shootout * |||||||
| 1994 | ARG | Independiente | 1–1 | Boca Juniors | ARG | La Bombonera | Buenos Aires, Argentina |
| 1994 | ARG | Independiente | 2–1 | Boca Juniors | ARG | La Doble Visera | Avellaneda, Argentina |
| Independiente won 4–1 on points |||||||
| 1995 | ARG | Independiente | 2–0 | Flamengo | BRA | La Doble Visera | Avellaneda, Argentina |
| 1995 | ARG | Independiente | 0–1 | Flamengo | BRA | Estádio do Maracanã | Rio de Janeiro, Brazil |
| 3–3 on points; Independiente won 2–1 on aggregate |||||||
| 1996 | ARG | Vélez Sarsfield | 1–0 | Cruzeiro | BRA | Mineirão | Belo Horizonte, Brazil |
| 1996 | ARG | Vélez Sarsfield | 2–0 | Cruzeiro | BRA | Estadio José Amalfitani | Buenos Aires, Argentina |
| Vélez Sarsfield won 6–0 on points |||||||
| 1997 | ARG | River Plate | 0–0 | São Paulo | BRA | Estádio do Morumbi | São Paulo, Brazil |
| 1997 | ARG | River Plate | 2–1 | São Paulo | BRA | Estadio Monumental | Buenos Aires, Argentina |
| River Plate won 4–1 on points |||||||

## Performances
### By club

| Club | Titles | Runners-up | Seasons won | Seasons runner-up |
| Cruzeiro | 2 | 2 | 1991, 1992 | 1988, 1996 |
| Independiente | 2 | 1 | 1994, 1995 | 1989 |
| Racing | 1 | 1 | 1988 | 1992 |
| Boca Juniors | 1 | 1 | 1989 | 1994 |
| São Paulo | 1 | 1 | 1993 | 1997 |
| River Plate | 1 | 1 | 1997 | 1991 |
| Olimpia | 1 | 0 | 1990 | — |
| Vélez Sársfield | 1 | 0 | 1996 | — |
| Flamengo | 0 | 2 | — | 1993, 1995 |
| Nacional | 0 | 1 | — | 1990 |

### Performance by country

| Nation | Winner | Runners-Up | Winning Clubs | Runners-Up |
| Argentina | 6 | 4 | Independiente (2), Racing (1), Boca Juniors (1), River Plate (1), Vélez Sársfield (1) | Independiente (1), River Plate (1), Racing (1), Boca Juniors (1) |
| Brazil | 3 | 5 | Cruzeiro (2), São Paulo (1) | Cruzeiro (2), Flamengo (2), São Paulo (1) |
| Paraguay | 1 | 0 | Olimpia (1) | — |
| Uruguay | 0 | 1 | — | Nacional (1) |