| Final | | time | | | 1. Ivo Van Damme |  Belgium | 1:49.2 | | | 2. Josef Schmid |  West Germany | 1:49.8 | | | 3. Milovan Savić |  Yugoslavia | 1:49.9 | | | 4. András Zsinka |  Hungary | 1:50.4 | | | 5. Robert Hoofd | Belgium | 1:50.7 | | | 6. Francis Gonzalez |  France | 1:50.9 | |
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Heats - Saturday, 21st February | | First 3 from each Heat advanced to Final. |
| Heat 1 | | time | | | 1. Francis Gonzalez | France | 1:49.8 | Q | | 2. Ivo Van Damme | Belgium | 1:49.8 | Q | | 3. Milovan Savić | Yugoslavia | 1:50.0 | Q | | 4. Ladislav Kárský |  Czechoslovakia | 1:50.1 | | | -. Phil Lewis |  Great Britain | DNF | |
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| Heat 2 | | time | | | 5. András Zsinka | Hungary | 1:50.1 | Q | | 6. Josef Schmid | West Germany | 1:50.9 | Q | | 7. Robert Hoofd | Belgium | 1:50.9 | Q | | 8. Carlo Grippo |  Italy | 1:51.7 | | | 9. Konstantinos Gargarettas |  Greece | 1:52.0 | |
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