|Dates||January 12 – February 10|
|Teams||6 (from 1 confederation)|
|Venue(s)||3 (in 2 host cities)|
|Champions||Argentina (8th title)|
|Goals scored||61 (4.07 per match)|
|Top scorer(s)|| José María Medina |
The nineteenth edition of the South American Championship in football was held in Buenos Aires, Argentina from January 12 to February 10. This tournament, an extra edition with no trophy handed to the winners, is considered official by CONMEBOL.
The participating countries were Argentina, Brazil, Bolivia, Chile, Paraguay, and Uruguay.
Colombia, Ecuador, and Peru withdrew from the tournament.
|Estadio Monumental||Estadio Gasómetro de Boedo||Estadio Independiente|
|Capacity: 67,664||Capacity: 75,000||Capacity: 57.858|
Each team played against each of the other teams. Two (2) points were awarded for a win, one (1) point for a draw and zero (0) points for a defeat.
| De la Mata 6'|
| Heleno 47', 78'|
| Araya 48'|
| Labruna 34', 89'|
Méndez 39', 60'
Salvini 75', 84'
| Jair 1', 16'|
| Medina 25', 70'|
| Genés 30'|
Benítez Cáceres 44'
Villalba 67', 88'
| Coronel 20' (o.g.)|
| Labruna 39', 60'|
| Medina 1', 25', 30', 78'|
|Norival 63'||Villalba 31'|
| Pedernera 8'|
| Zizinho 4', 41', 46', 71'|
|Salfate 84' (pen.)|
| Araya 9', 39'|
Cremaschi 49', 78'
| Villalba 37'|
|1946 South American Championship Champions|
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