Qualified Teams
| Country | Team | Qualification method |
|---|---|---|
| Holder (Uruguay) | Peñarol | 1966 Copa Libertadores winners |
| Argentina |
Racing | 1966 Primera División champion |
| River Plate | 1966 Primera División runner-up | |
| Bolivia |
Bolívar | 1966 Copa Simón Bolívar champion |
| 31 de Octubre | 1966 Copa Simón Bolívar runner-up | |
| Brazil |
Cruzeiro | 1966 Taça Brasil champion |
| Santos | 1966 Taça Brasil runner-up | |
| Chile |
Universidad Católica | 1966 Primera División champion |
| Colo-Colo | 1966 Primera División runner-up | |
| Colombia |
Santa Fe | 1966 DIMAYOR champion |
| Independiente Medellín | 1966 DIMAYOR runner-up | |
| Ecuador |
Barcelona | 1966 Campeonato Ecuatoriano de Fútbol champion |
| Emelec | 1966 Campeonato Ecuatoriano de Fútbol runner-up | |
| Paraguay |
Cerro Porteño | 1966 Primera División champion |
| Guaraní | 1966 Primera División runner-up | |
| Peru |
Universitario | 1966 Torneo Descentralizado champion |
| Sport Boys | 1966 Torneo Descentralizado runner-up | |
| Uruguay |
Nacional | 1966 Primera División winner |
| Venezuela |
Deportivo Italia | 1966 Venezuelan Primera División champion |
| Deportivo Galicia | 1966 Venezuelan Primera División runners-up |
Read more about this topic: 1967 Copa Libertadores
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