Peru at the Copa América  This is a record of Peru's results at the Copa América. Ever since their first Copa América, Peru has had good showings. It is often remembered by fans that Peru was the fourth team (after Uruguay, Argentina, and Brazil) to win the South American cup. Even though in 1939 Peru played against only 5 of the South American nations (with no participation from Argentina or Brazil), in 1975 Peru won the cup once more (this time with all the CONMEBOL teams participating). Recently, Peru has only been able to get only as far as the runners-up of the tournament which holds its own prestige as being the oldest tournament of international football; along with having Argentina and Brazil (the 2 teams usually considered among the top 5 in the football world), which have also recently been dominating the tournament. Peru's highest margin of victory at a Copa América is four goals, which they have managed a number of times: They won 4–0 against Ecuador in 1941 and 1949 and Colombia in 1949, and 5–1 against Colombia in 1947 and Venezuela in 1991. Peru's biggest defeat was a 0–7 loss against Brazil in the 1997 semi-final. At this point Peru is the 7th nation to join the competition, and in 1927 the games are decided to be played there. Although only 3 teams came to the tournament, Argentina, Uruguay, and Bolivia; the participating federations decided that the 1st and 2nd places of the competition would represent South America for the Olympic Games to be played at Amsterdam in 1928. The other federations (Brazil, Chile, and Paraguay) did not participate because of economic and sport problems. Peru gained third place after only beating Bolivia. This tournament is characterized by the Argentine and Uruguayan conflict that rooted from the 1930 World Cup. The winners here were going to once more represent South America for the Olympic Games, this time to be played at Berlin. Brazil, Bolivia, and Paraguay had withdrawn from the tournament. Peru's first game resulted at a 1–0 loss, with a goal scored by a Uruguayan player at the 80th minute. The second one was not much better, and Peru lost 4–1 against Argentina. The last game was won by Peru 1–0 against Chile. The tournament gave Peru the third spot, and helped it train and improve for the 1936 Summer Olympics. This was the first international title the team won. During this time, the team had greatly improved since the World Cup and was re-assuring that dominance they had shown over Austria in the 1936 Berlin Olympics.