The 2026 Copa CONMEBOL Libertadores marks the 67th edition of South America's premier club football tournament, running from 3 February to 28 November 2026, with the grand final set for the iconic Estadio Centenario in Montevideo, Uruguay. Defending champions Flamengo will face stiff competition from 47 teams across all 10 CONMEBOL associations, and the ultimate winner secures berths in the 2027 Recopa Sudamericana, 2026 FIFA Intercontinental Cup, and 2029 FIFA Club World Cup. The tournament features a tiered structure, starting with qualifying rounds that funnel down to a 32-team group stage, with the qualifying draw held on 18 December 2025 and the group stage draw on 19 March 2026, both in Luque, Paraguay. Notably, in the group stage draw, teams from the same association cannot be drawn together—though this rule is relaxed for the four qualifiers advancing from the third stage. The knockout phase begins with a round of 16 draw on 29 May 2026, where group winners are paired against runners-up, with the top finishers earning the right to host the decisive second leg.