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The twelfth edition of the South American Championship was held in Buenos Aires, Argentina from 1 to 17 November 1929. The 1928 edition was postponed due to the participation of Chile, Uruguay and Argentina in the 1928 Summer Olympics held in Amsterdam, Netherlands, where Uruguay and Argentina won gold and silver respectively.
| Tournament details | |
|---|---|
| Host country | Argentina |
| Dates | 1–17 November |
| Teams | 4 (from 1 confederation) |
| Venue(s) | 3 (in 2 host cities) |
| Final positions | |
| Champions |  Argentina (4th title) |
| Runners-up |  Paraguay |
| Third place |  Uruguay |
| Fourth place |  Peru |
| Tournament statistics | |
| Matches played | 6 |
| Goals scored | 23 (3.83 per match) |
| Top scorer(s) | Aurelio González (5 goals) |
← 1927 1935 → | |
The participating countries were Argentina, Paraguay, Peru, and Uruguay, while Brazil, Bolivia, and Chile withdrew from the tournament.[1]
Argentina won its fourth continental title.[2]
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For a complete list of participants squads see: 1929 South American Championship squads
| Buenos Aires | Avellaneda | |
|---|---|---|
| Estadio Gasómetro | Estadio Alvear y Tagle | Estadio Independiente |
| Capacity: 75,000 | Capacity: 40,000 | Capacity: 57,858 |
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 |
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Each team plays a single match against each of the other teams. Two points are awarded for a win, one point for a draw and zero points for a defeat.
Referee: José Galli (Argentina)
Referee: Aníbal Tejada (Uruguay)
Referee: Julio Borelli (Peru)
Referee: Miguel Barba (Paraguay)
Referee: José Galli (Argentina)
| Argentina | 2–0 | Uruguay |
|---|---|---|
Ferreira  14' M. Evaristo 77' |
Report |
         Argentina
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   Uruguay
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| 1929 South American Championship champions |
|---|
 Argentina Fourth title |
_-_El_Gráfico_540.jpg)
5 goals
3 goals
Manuel Ferreira
Diógenes Domínguez
Lorenzo Fernández
2 goals
1 goal
- Roberto Cherro
- Carlos Peucelle
- Nessi
Agustín Lizarbe- Juan Andrade
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