From Wikipedia:
"The 2021 Copa América will be the 47th edition of the Copa América, the international men's football championship organized by South America's football ruling body CONMEBOL. The tournament will take place in Colombia and Argentina from 13 June to 10 July 2021. This will mark the first time it will be hosted by more than one country since 1983, when it was played in a home–away basis, and the first time in two countries.
The tournament was originally scheduled to take place from 12 June to 12 July 2020 as the 2020 Copa América. On 17 March 2020, CONMEBOL announced that due to the COVID-19 pandemic in South America, the tournament had been postponed for a year, in conjunction with UEFA's decision to also postpone UEFA Euro 2020 to 2021.
Brazil are the title holders, having won their ninth title in 2019."
Argentina are the current favourites, with Brazil and Colombia after them.
"The 2021 Copa América will be the 47th edition of the Copa América, the international men's football championship organized by South America's football ruling body CONMEBOL. The tournament will take place in Colombia and Argentina from 13 June to 10 July 2021. This will mark the first time it will be hosted by more than one country since 1983, when it was played in a home–away basis, and the first time in two countries.
The tournament was originally scheduled to take place from 12 June to 12 July 2020 as the 2020 Copa América. On 17 March 2020, CONMEBOL announced that due to the COVID-19 pandemic in South America, the tournament had been postponed for a year, in conjunction with UEFA's decision to also postpone UEFA Euro 2020 to 2021.
Brazil are the title holders, having won their ninth title in 2019."
Argentina are the current favourites, with Brazil and Colombia after them.