The seventeenth edition of the South American Championship, an association football competition, was held in Montevideo, Uruguay, from 10 January to 7 February.

thumb|right|250px|The Uruguayan squad, champions

For the first time seven teams took part of the event; the participating countries were Argentina, Brazil, Chile, Ecuador, Paraguay, Peru, and Uruguay.

Bolivia, and Colombia withdrew from the tournament.

The tournament featured a match between Argentina and Ecuador in which Argentina's José Manuel Moreno surpassed the 500-goal mark for goals in Copa América history, scoring 5 in a 12–0 drubbing of Ecuador. , the 12-goal difference of that match remains the widest ever in Copa Américas. José Manuel Moreno and Herminio Masantonio of Argentina were joint top scorers of the tournament, with 7 goals each.

Squads

Venues

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! Montevideo

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| Estadio Centenario

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| Capacity: 65,235

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| 150px

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Final round

Each team played against each of the other teams. Two points were awarded for a win, one point for a draw and no (0) points for a defeat.

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! width=165 | Team

! width=20 |

! width=20 |

! width=20 |

! width=20 |

! width=20 |

! width=20 |

! width=20 |

! width=20 |

|- align=center bgcolor=gold

| align=left |

|6||6||0||0||21||2||+19||12

|- align=center

| align=left|

|6||5||0||1||21||6||+15||10

|- align=center

| align=left |

|6||3||1||2||15||7||+8||7

|- align=center

| align=left|

|6||2||2||2||11||10||+1||6

|- align=center

| align=left |

|6||1||2||3||5||10||−5||4

|- align=center

| align=left |

|6||1||1||4||4||15||−11||3

|- align=center

| align=left |

|6||0||0||6||4||31||−27||0

|}

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<div style="text-align: center;"><small>Chile left the pitch on the 43rd minute in protest of the dreadful referee performance. <br>

Argentina was awarded a victory but with no goals.</small></div>

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Result

Goal scorers

7 goals

  • Herminio Masantonio
  • José Manuel Moreno

6 goals

  • Sylvio Pirillo

5 goals

  • Roberto Porta
  • Severino Varela

3 goals

  • Marcial Barrios
  • Fabio Baudo Franco
  • Luis Castro
  • Bibiano Zapirain

2 goals

  • Enrique García
  • Ángel Perucca
  • Pedro Amorim
  • Patesko
  • Zizinho
  • Alfonso Domínguez
  • José María Jiménez
  • Ruben Aveiro
  • Teodoro Fernández
  • Anibal Ciocca

1 goal

  • Juan Carlos Heredia
  • Adolfo Pedernera
  • Sandoval
  • Cláudio
  • Servílio
  • Tim
  • Benito Armingol
  • Armando Contreras
  • Marino Alcívar
  • Gorgonio Ibarrola
  • Eduardo Mingo
  • Vicente Sánchez
  • Luis Guzmán
  • Quiñónez
  • Adelfo Magallanes
  • Chirimini
  • Schubert Gambetta
  • Obdulio Varela
  • South American Championship 1942 at RSSSF