The 1988 Supercopa Libertadores was the inaugural year of the competition. The tournament was open to all the past winners of the Copa Libertadores. It commenced on 10 February and concluded on 18 June. A total of 13 football clubs entered the first round draw.

Quick Facts Tournament details, Dates ...

1988 Supercopa Libertadores

1988 Supercopa Libertadores João Havelange
Tournament details
Dates	February 10 – June 18
Teams	13 (from 4 confederations)
Final positions
Champions	Racing (1st title)
Runners-up	Cruzeiro
Tournament statistics
Matches played	24
Goals scored	52 (2.17 per match)
Top scorer(s)	Sergio Oliveira Antonio Alzamendi (4 goals)
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It was won by Argentinian side Racing over Brazilian side Cruzeiro 3–2 on aggregate after a two-legged final. The tournament's top scorer was Sergio Oliveira of Nacional and Antonio Alzamendi of River Plate with 4 goals each.

Up until the beginning of 1988, thirteen teams had won the Copa Libertadores at least once since its inaugural season in 1960.

More information Team, First won ...

Team	First won
Peñarol	1960
Santos	1962
Independiente	1964
Racing	1967
Estudiantes	1968
Nacional	1971
Cruzeiro	1976
Boca Juniors	1977
Olimpia	1979
Flamengo	1981
Grêmio	1983
Argentinos Juniors	1985
River Plate	1986

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	First round					Quarter-finals*					Semi-finals					Finals
	River Plate	0	4
	Olimpia	2	0
						River Plate	0	3
						Gremio	1	1
	Gremio	0	2
	Boca Juniors	1	0
											River Plate	1	1
											Racing	2	1
						Racing	2	0
						Santos	0	0
																Racing	2	1
																Cruzeiro	1	1
	Peñarol	1	0
	Argentinos Juniors	0	2
						Argentinos Juniors	0	0
						Cruzeiro	1	1
	Cruzeiro	2	1
	Independiente	1	0
											Cruzeiro	2	1
											Nacional	3	0
	Flamengo	1	3
	Estudiantes	1	0
						Flamengo	0	0
						Nacional	3	2

* Although Racing and Santos FC played in a first round tie, their series was placed in the quarterfinals due to the winner Racing getting a bye to the semifinal.

The matches were played from 10 February to 20 April. Teams from the same nation could not be drawn against one another.

More information Team 1, Agg.Tooltip Aggregate score ...

Team 1	Agg.Tooltip Aggregate score	Team 2	1st leg	2nd leg
Independiente	1–3	Cruzeiro	1–2	0–1
Peñarol	1–2	Argentinos Juniors	1–0	0–2
Estudiantes	1–4	Flamengo	1–1	0–3
Olimpia	2–4	River Plate	2–0	0–4
Boca Juniors	1–2	Grêmio	1–0	0–2
Racing	2–0	Santos	2–0	0–0

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• Nacional received a bye to the quarter-finals.

The matches were played from 28 April to 18 May. Racing Club received a bye into the next round.

More information Team 1, Agg.Tooltip Aggregate score ...

Team 1	Agg.Tooltip Aggregate score	Team 2	1st leg	2nd leg
Cruzeiro	2–0	Argentinos Juniors	1–0	1–0
Nacional	5–0	Flamengo	3–0	2–0
Grêmio	2–4	River Plate	1–1	1–3

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• Racing received a bye to the semi-finals.

The matches were played from 25 May to 3 June.

More information Team 1, Agg.Tooltip Aggregate score ...

Team 1	Agg.Tooltip Aggregate score	Team 2	1st leg	2nd leg
Nacional	3–3 (a)	Cruzeiro	3–2	0–1
Racing	3–2	River Plate	2–1	1–1

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• 1988 Copa Libertadores
• 1989 Recopa Sudamericana

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