A thrilling final marked 2004 Copa América2004 Copa América, hosted by Peru, saw the Brazilian team as the champion for the seventh time in the aftermath of an electrifying decisive match against Argentina. The Argentine players were winning the duel by 2 x 1 until seconds before the final whistle, when Adriano – the best striker in the tournament, having scored seven goals – caught a cross-shot in the penalty area and leveled the match. In the penalty shootout, the Canarinho (Little Canary) team, managed by Carlos Alberto Parreira, won by 4 x 2 and the then-team’s captain Alex hold the trophy.
Costa Rica, whose team reached the quarter-finals in 2001, was one of the guests, but was unable to repeat the performance shown in the previous edition. Mexico – another guest and finalist in 2001 - in turn, was defeated by Brazil by 4 x 0 at the quarter-finals.With 78 goals, in 26 matches, 2004 Copa América registered the highest goal average (4.5), since the new form of competition was established in 1987. The Argentine team was the one that shook the nets more times in the competition (16 times). Argentina also made the highest score in that year - 6 x 1 against Ecuador.