The draw for the 2011 Copa Libertadores was held on November 25, 2010, in
Asunción. The drawing procedure for the 12 teams in the first stage was to alternatively draw a team from each pot. The drawing procedure for the 26 teams in the second stage was to draw out the pots beginning with Pot 1. One team from each pot would be placed, in the order of being drawn, into one of eight groups from 1 to 8. When drawing from Pot 3, if a team had been placed in a group where a team from the same football association was already placed, they were moved to the subsequent group until they were no longer in a group with a team from the same association. However, a first stage winner may be drawn with a team from the same association in the second stage. For the first time, the seeded teams for the second stage were changed. Up until 2010, the 8 seeded teams included the reigning champion, and clubs from the football associations of Argentina and Brazil. For 2011, the seeded teams consisted of berths 1 from Argentina, Brazil, Colombia, Ecuador, Peru and Venezuela, and berths 2 from Argentina and Brazil. The reigning champion–
Internacional–was berth 1 for Brazil. For 2012, Bolivia, Chile, Paraguay and Uruguay would all have their berth 1 teams be seeded teams instead of the berth 1 teams from Colombia, Ecuador, Peru and Venezuela. Prior to the draw, it was announced that
Caracas would be one of the eight seeded teams. During the draw, however,
Deportivo Táchira was accidentally drawn as the seeded team for Group 4 and Caracas was drawn into Group 5 as a non-seeded team. After the ceremony, CONMEBOL recognized their error and transferred Caracas over to Group 4 and Deportivo Táchira over to Group 5. 1Teams had not yet fully qualified to the specific berth when the draw took place. ==Schedule==