The finals were contested by two Brazilian clubs, São Paulo and Flamengo.

[1] In the first leg, held in Maracanã Stadium in Rio de Janeiro, both teams tied 2–2.

The second leg was held in Estádio do Morumbi in São Paulo, being also a 2–2 draw.

As both teams equaled on points and goal difference, a penalty shoot-out was carried out to decide a winner.

Sao Paulo won 5–4 on penalties, becoming Supercopa Libertadores champion for the first time.