1967 Copa Libertadores
The 1967 Copa Libertadores de América was the eighth edition of the Copa Libertadores, and which involved 20 club teams from South American nations.
The tournament was divided into three rounds; the first group stage, the second group stage, and the final. The tournament was won by Racing of Argentina who beat Nacional of Uruguay.
Qualified teams
| Country | Team | Qualification method |
| CONMEBOL 1 berth | Peñarol | 1966 Copa Libertadores de América winners |
2 berths | Racing | 1966 Primera División champion |
2 berths | River Plate | 1966 Primera División runner-up |
2 berths | Bolívar | 1966 Copa Simón Bolívar champion |
2 berths | 31 de Octubre | 1966 Copa Simón Bolívar runner-up |
2 berth | Cruzeiro | 1966 Campeonato Brasileiro Série A champion |
2 berth | Santos | 1966 Campeonato Brasileiro Série A runner-up |
2 berths | Universidad Católica | 1966 Primera División champion |
2 berths | Colo-Colo | 1966 Primera División runner-up |
2 berths | Santa Fe | 1966 Campeonato Profesional champion |
2 berths | Independiente Medellín | 1966 Campeonato Profesional runner-up |
2 berths | Barcelona | 1966 Campeonato Ecuatoriano de Fútbol champion |
2 berths | Emelec | 1966 Campeonato Ecuatoriano de Fútbol runner-up |
2 berths | Cerro Porteño | 1966 Primera División champion |
2 berths | Guaraní | 1966 Primera División runner-up |
2 berths | Universitario | 1966 Torneo Descentralizado champion |
2 berths | Sport Boys | 1966 Torneo Descentralizado runner-up |
1 berth | Nacional | 1966 Primera División winner |
2 berths | Deportivo Italia | 1966 Venezuelan Primera División champion |
2 berths | Galicia | 1966 Venezuelan Primera División runners-up |
First round
Nineteen teams were drawn into two groups of six and one group of seven. In each group, teams played against each other home-and-away. The top two teams in each group advanced to the Second round. Peñarol, the title holders, had a bye to the next round.Group 1
Group 2
Group 3
Source:Semifinals
There was one group of four teams and one of three. In each group, teams played against each other home-and-away. The top team in each group advanced to the Final.Group 1
- Racing and Universitario finished level on points, and Racing won a play-off 2-1
Group 2
Finals
| Team | Agg. | Team | 1st leg | 2nd leg | Playoff |
 Racing | 2-1 |  Nacional | 0-0 | 0-0 | 2-1 |