| Grupo 2 | 19.02.1997 | Racing Club | - | Vélez Sarsfield | 1:2 | ||||
| Grupo 2 | 27.02.1997 | Emelec | - | Racing Club | 2:2 | ||||
| Grupo 2 | 12.03.1997 | Vélez Sarsfield | - | Racing Club | 1:0 | ||||
| Grupo 2 | 21.03.1997 | Racing Club | - | El Nacional | 2:0 | ||||
| Grupo 2 | 08.04.1997 | Racing Club | - | Emelec | 2:0 | ||||
| Octavos de final | 23.04.1997 | Racing Club | - | River Plate | 3:3 | ||||
| Octavos de final | 07.05.1997 | River Plate | - | Racing Club | 3:5 pn. | ||||
| Cuartos de final | 21.05.1997 | Peñarol | - | Racing Club | 1:0 | ||||
| Cuartos de final | 28.05.1997 | Racing Club | - | Peñarol | 3:2 pn. |  |
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| Semifinales | 30.07.1997 | Sporting Cristal | - | Racing Club | 4:1 |
Argentina