Defending champions Chile beat Argentina on penalties

Copa America is the international football competition to determine the continental champions of South America. It was founded in 1916.

For its 100th anniversary edition in 2016, CONMEBOL (Confederacion Sudamericana de Futbol) partnered with US Soccer and CONCACAF (Confederation of North, Central American and Caribbean Association Football).

Centenario edition will see the participation of all 10 CONMEBOL federations joined by six CONCACAF countries.

The 16 teams were drawn into four groups of four teams each, with each team set to play the other teams in their group once.

Group A - USA, Colombia, Costa Rica, Paraguay; Group B - Brazil, Ecuador, Haiti, Peru; Group C - Mexico, Uruguay, Jamaica, Venezuela; and Group D- Argentina, Chile, Panama, Bolivia.

Top two in each group advance to the knockout round.

Brazil was knocked out in the group stages of Copa America after a refereeing blunder sent them to a 1-0 defeat against Peru.

Peru's Raul Ruidiaz netted the game's only goal in 75th minute, appearing to use his arm to score.

Uruguayan referee Andres Cunha confirmed the controversial goal after consultation with fourth official.

Brazil only needed a draw to qualify for the quarter-finals.

The top two teams in each group qualify for the quarterfinals of the Copa America.

US and Colombia advanced to the quarterfinals from Group A.

Peru and Ecuador qualified from Group B.

With a match left to play, Mexico and Venezuela qualified from Group C, and Argentina secured its quarterfinals place from Group D.

Chile and Panama played each other for a QF place.

In what will be a repeat of 2015 Copa America final, Chile set up the title clash against Argentina.

The defending champions advanced into the final, beating Colombia 2-0, in a match delayed more than two hours by thunderstorm.

Earlier Argentina thrashed United States 4-0 in the Semis to reach final.

Colombia will now play the host United States, in the third-place playoff.

Argentina's championship drought continued as Chile, for the second consecutive year, captured the Copa America title.

Both sides were down to 10 men in first-half and the match remained goalless after 120 minutes.

In the shootout, Messi and Lucas Biglia missed penalties for Argentina while the first spot-kick for Chile was missed by Vidal.

In the end, Chile edged Argentina 4-2 in the penalties.