The 1981 President's Cup Football Tournament () was the 11th competition of Korea Cup. The competition was held from 13 to 26 June 1981. South Korea and Racing de Córdoba played out a 2âÂÂ2 draw and shared the trophy.
The final match originally had to play extra time, but the game was finished early by the agreement between both directors due to a violent atmosphere. The players of Racing de Córdoba received one red and five yellow cards in the final.