The 2011 Copa Libertadores de América Finals were the final two-legged tie that decided the winner of the 2011 Copa Libertadores de América, the 52nd edition of the Copa Libertadores de América, South America's premier international club football tournament organized by CONMEBOL. The matches were played on June 15 and 22, 2011 between Brazilian club Santos and Uruguayan club Peñarol. Santos made their 4th finals appearance and 1st since 2003. Peñarol made their 10th finals appearance, and first since 1987. The two teams had previously met in the finals in 1962. Santos won the cup after beating Penarol 2-1 in the second leg of the final.

The final was contested by Brazilian side Santos and Peñarol of Uruguay, a historic repeat of the 1962 finals disputed by legendary players such as Pelé, Alberto Spencer, Gilmar, Juan Joya, Mauro, José Sasía, Mengálvio, Pedro Rocha, Coutinho, Juan Lezcano, and Pepe, with Lula coaching the Santistas and Béla Guttmann directing the Carboneros. This final is also the first between Brazilian and Uruguayan clubs since the 1983 finals in which Peñarol was dethroned by Grêmio. The venues for the finals is the Estadio Centenario in Montevideo and the Estádio Municipal Paulo Machado de Carvalho (Pacaembu) of São Paulo. Rodrigo Possebon, an Italian player of Santos, became the first European player to participate in a Copa Libertadores finals.

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