Its first edition was held in 1970 and was won by Bolivian club Mariscal Santa Cruz.
The tournament was contested by football clubs which were the most recent winners of South American domestic cup competitions or the highest team club that did not qualify for the Copa Libertadores.
[2] Group One: Huracán Buceo Deportes Concepción one undefined team from Argentina one undefined team from Bolivia Group Two: América de Quito Olimpia Juan Aurich Valencia
[3] Nonetheless, on February 25, 1971, CONMEBOL decided to reduce it into a friendly tournament and there would not be a trophy, because Deportes Concepción withdrew from the tournament and confirmation of participation had not been received from Huracán Buceo.
But although CONMEBOL does not list the 1971 edition as an official tournament,[4] the IFFHS (International Federation of Football History and Statistics) count it as an official competition to his numbers and records.