Finals
The finals were contested between Peñarol and Olimpia over two legs, one at each participating club's stadium. The first leg took place at the Estadio Centenario in Montevideo in which the Manyas won 1–0 thanks to an Alberto Spencer goal late in the game. The second leg was played in the Estadio Manuel Ferreira in Asunción. After leading 1–0 for the majority of the match, Luis Cubilla scored the equalizer with only six minutes left on the match to give Peñarol the trophy of the first edition of the competition.
| Team | Pld | W | D | L | GF | GA | GD | Pts |
|---|---|---|---|---|---|---|---|---|
| Peñarol | 2 | 1 | 1 | 0 | 2 | 1 | +1 | 3 |
| Olimpia | 2 | 0 | 1 | 1 | 1 | 2 | −1 | 1 |
| June 12, 1960 |
Peñarol | 1–0 | Olimpia | Estadio Centenario, Montevideo Attendance: 44,690 Referee: Carlos Robles (Chile) |
|---|---|---|---|---|
| Spencer 79' |
Read more about this topic: 1960 Copa Libertadores