| Gruppe 2 | 19.02.1997 | Racing Club | - | Vélez Sarsfield | 1:2 | ||||
| Gruppe 2 | 27.02.1997 | Emelec | - | Racing Club | 2:2 | ||||
| Gruppe 2 | 08.04.1997 | Racing Club | - | Emelec | 2:0 | ||||
| Achtelfinale | 23.04.1997 | Racing Club | - | River Plate | 3:3 | ||||
| Achtelfinale | 07.05.1997 | River Plate | - | Racing Club | 3:5 i.E. | ||||
| Viertelfinale | 21.05.1997 | Peñarol | - | Racing Club | 1:0 | ||||
| Viertelfinale | 28.05.1997 | Racing Club | - | Peñarol | 3:2 i.E. | ||||
| Halbfinale | 23.07.1997 | Racing Club | - | Sporting Cristal | 3:2 | ||||
| Halbfinale | 30.07.1997 | Sporting Cristal | - | Racing Club | 4:1 |
Argentinien