| Tournament details | |
|---|---|
| Host country | Chile |
| Dates | 2 February – 4 March |
| Teams | 5 (from 1 confederation) |
| Venue(s) | 1 (in 1 host city) |
| Final positions | |
| Champions |  Argentina (6th title) |
| Runners-up |  Uruguay |
| Third place |  Chile |
| Fourth place |  Peru |
| Tournament statistics | |
| Matches played | 10 |
| Goals scored | 32 (3.2 per match) |
| Top scorer(s) | Juan Marvezzi (5 goals) |
← 1939 1942 → | |
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The sixteenth edition of the South American Championship was held in Santiago, Chile from 2 February to 4 March.
With the purpose of celebrating the fourth centenary of Santiago's foundation by Pedro de Valdivia, Chile requested to host this tournament's edition. Because of that, this edition is considered extra (no trophy was handed to the winners).
The participating countries were Argentina, Chile, Ecuador, Peru, and Uruguay.
Bolivia, Brazil, Colombia and Paraguay withdrew from the tournament.