Copa Mercosur
The Copa Mercosur was a football competition played from 1998 to 2001 by the traditional top clubs from Brazil, Argentina, Paraguay, Uruguay and Chile.
The competition was created by CONMEBOL to generate TV money to the participating teams, but it went beyond and ended up, together with the Copa Merconorte, as natural replacements to the Copa CONMEBOL.
Three of the four editions were won by Brazilian clubs, and one by an Argentine club. No team won two editions of this tournament, and therefore Palmeiras, Flamengo, Vasco da Gama, and San Lorenzo ended up as the biggest winners of the competition with one title each.
Both the Copa Merconorte and the Copa Mercosur were discontinued after the 2001 edition. A football competition to be called the Copa Pan-Americana would have replaced these two competitions for the 2002 season featuring clubs from both CONMEBOL and CONCACAF. That competition was first postponed, with plans to be played in 2003, then eventually cancelled. The Copa Pan-Americana would ultimately not come to fruition and that left the Copa Sudamericana as the successor of the Copa Merconorte and the Copa Mercosur. Instead, a CONMEBOL competition called the Copa Sudamericana was created and had its first edition in 2002, and that competition is still played to this day.
Format
Twenty teams played in the tournament. The teams were divided in five groups of four teams each and the matches were played in two legs. The group winners and the best three runners-up qualified for the quarterfinals. The quarterfinals, the semifinals were played in two legs. In 1998 and 2000 the finals were played in three legs. In 1999 and 2001 the finals were played in two legs.Final venues
Throughout the brief history of the competition a total of five venues were used to host the final series:| Belo Horizonte | São Paulo | Rio de Janeiro | Rio de Janeiro | Buenos Aires |
| Mineirão | Estádio Palestra Itália | Maracanã Stadium | Estádio São Januário | Estadio Pedro Bidegain |
| Capacity: 61,800 | Capacity: 27,600 | Capacity: 78,800 | Capacity: 24,500 | Capacity: 48,000 |
Records and statistics
List of finals
| Year | Winners | 1st. leg | 2nd. leg | Runners-up | Venue | City | Venue | City | Venue | City | - | |||
| 1 | 1998 |  Performances by club
|