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.^[1]

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.^[1]

Year	Country	Winner	Score	Runner-up	Country	Venue	Location
1988	ARG	Racing	2–1	Cruzeiro	BRA	Estadio Juan D. Perón	Avellaneda, Argentina
	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
	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
	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
	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
	BRA	Cruzeiro	0–1	Racing	ARG	Estadio Juan D. Perón	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
	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
	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
	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
	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
	ARG	River Plate	2–1	São Paulo	BRA	Estadio Monumental	Buenos Aires, Argentina
	River Plate won 4–1 on points

Team	Won	Runner-up	Years won	Years 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

Country	Won	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)

• List of Copa Libertadores winners