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Since the Copa Libertadores transitioned to a single match final format in 2019, Brazil has established itself as the most frequent host nation. The Maracanã Stadium in Rio de Janeiro has been selected twice for the finals, specifically in the 2020 and 2023 editions.
Moreover, Brazilian teams have consistently dominated the finals, with local clubs reaching the final match in every edition from 2020 onward. The lone outlier was in 2023, featuring a clash between Fluminense and Boca Juniors, where the Brazilian club emerged victorious on home soil.