1995
Invited teams
Barcelona, Estudiantes, Grêmio, Internacional, Juventude, Peñarol and Racing declined the invitation to play in the competition.
Organizers of the competition
The organizers of the competition were Centertur and Estratégia B. Cecrisa, Construtora Caseca, Petrobras, and Sadia were the companies that supported the competition.
Format
The first round was played in four playoff matches. Marcílio Dias got a bye in this round. In the second round, Marcílio Dias played against one of the first round qualified teams for a semifinal spot. The next round was the semifinal round, followed by the final.
Results
First round
| Home team | Score | Away team |
|---|---|---|
| Figueirense | 2-2 (aet 1-0) | Olimpia |
| Joinville | 3-0 | Coritiba |
| Avaí | 4-2 | Nacional |
| Criciúma | 2-0 | C.A. Cerro |
| Marcílio Dias | bye | - |
Intermediate round
| Home team | Score | Away team |
|---|---|---|
| Marcílio Dias | 1-0 | Criciúma |
Semifinals
| Home team | Score | Away team |
|---|---|---|
| Joinville | 1-0 | Avaí |
| Figueirense | 1-0 | Marcílio Dias |
Final
| Home team | Score | Away team |
|---|---|---|
| Figueirense | 0-0 (aet 1-0) | Joinville |
| Torneio Mercosul 1995 Winners |
|---|
 Figueirense First Title |
Statistics
| Number of matches | 8 |
| Total goals | 20 |
| Average Goals per match | 2.5 per match |
| Highest scoring match (6 goals) | Avaí-Nacional 4-2 |
| Highest score (3 goals) | Joinville-Coritiba 3-0 |
| Biggest attendance | Figueirense-Joinville 0-0 (aet 1-0) (5,271 people) |
| Biggest revenue | Figueirense-Joinville 0-0 (aet 1-0) (R$ 48,469.00) |
| Club with biggest revenue | Figueirense (R$ 89,110.00) |
Overview
The tournament was considered a failure. One of the reasons was that Centertur used a rubber check to pay the accommodations of Olimpia at Hotel Mariner Plaza in Itajaí. Also, many traditional teams declined to play the tournament, exhausting the competition before it started. The tournament was discontinued and three years later, the Copa Mercosur's first edition was played.
