1981 Copa Libertadores
| Tournament details | |
|---|---|
| Dates | March 18 – November 23 |
| Teams | 21 (from 10 associations) |
| Final positions | |
| Champions | Flamengo (1st title) |
| Runners-up | Cobreloa |
| Tournament statistics | |
| Matches played | 77 |
| Goals scored | 221 (2.87 per match) |
| Top scorer(s) | Zico (11 goals) |
← 1980 1982 → | |
The 1981 Copa Libertadores was won by Flamengo of Brazil, who beat Cobreloa of Chile in the finals, without losing a match in their campaign on the way to win their first title.