| Final | Team | time | Rk. | | 1. Charlie Hickcox | USA | 2:12.0 | 3. | | 2. Greg Buckingham | USA | 2:13.0 | 2. | | 3. John Ferris | USA | 2:13.3 | 1. | | 4. Juan Carlos Bello | PER | 2:13.7 | 7. | | 5. George Smith | CAN | 2:15.9 | 4. | | 6. John Gilchrist | CAN | 2:16.6 | 5. | | 7. Mike Holthaus | FRG | 2:16.8 | 7. | | 8. Péter Lázár | HUN | 2:18.3 | 6. |
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| New event in the Olympic Games. |
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| Heat 1 | Team | time | Rk. | | 1. Charlie Hickcox | USA | 2:16.1 | 3. | | 2. Péter Lázár | HUN | 2:17.1 | 6. | | 3. Lars Kraus Jensen | DEN | 2:21.2 | 18. | | 4. Zbigniew Pacelt | POL | 2:23.3 | 23. | | 5. Gudmunður Gíslason | ISL | 2:24.1 | 27. | | 6. Andrey Dunayev | URS | 2:25.9 | 31. | | 7. Francisco Ramis | PUR | 2:31.9 | 36. | | 8. Rubén Guerrero | ESA | 2:37.5 | 41. |
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| Heat 2 | Team | time | Rk. | | 1. George Smith | CAN | 2:16.4 | 4. | | 2. Mike Holthaus | FRG | 2:17.5 | 7. | | 3. Frank Wiegand | GDR | 2:18.0 | 11. | | 4. Wong Man Chiu | HKG | 2:36.1 | 38. | | 5. Donnacha O'Dea | IRE | 2:36.6 | 40. |
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| Heat 3 | Team | time | Rk. | | 1. John Ferris | USA | 2:14.6 | 1. | | 2. Reinhard Merkel | FRG | 2:17.8 | 9. | | 3. Hans Ljungberg | SWE | 2:17.8 | 9. | | 4. Yulyan Rusev | BUL | 2:22.7 | 21. | | 5. Raymond Terrell | GBR | 2:23.5 | 24. | | 6. Olle Ferm | SWE | 2:27.5 | 33. | | -. Lee Tong-Shing | TWN | | |
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| Heat 4 | Team | time | Rk. | | 1. Vladimir Kravchenko | URS | 2:18.6 | 13. | | 2. István Szentirmay | HUN | 2:21.0 | 17. | | 3. Angel Chakarov | BUL | 2:24.0 | 26. | | 4. José Joaquín Santibáñez | MEX | 2:24.6 | 28. | | 5. Karl Byrom | AUS | 2:28.0 | 34. | | 6. Chan King-Ming | TWN | 2:44.9 | 45. |
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| Heat 5 | Team | time | Rk. | | 1. John Gilchrist | CAN | 2:16.8 | 5. | | 2. Juan Carlos Bello | PER | 2:17.5 | 7. | | 3. Juan Fortuny | ESP | 2:20.6 | 13. | | 4. François Simons | BEL | 2:22.5 | 20. | | 5. Rafael Hernández | MEX | 2:24.7 | 29. | | 6. Salvador Vilanova | ESA | 2:33.8 | 37. | | 7. Robert Loh | HKG | 2:39.3 | 42. |
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| Heat 6 | Team | time | Rk. | | 1. Greg Buckingham | USA | 2:15.6 | 2. | | 2. Michele D'Oppido | ITA | 2:18.5 | 12. | | 3. Ken Campbell | CAN | 2:20.9 | 16. | | 4. Eduardo Alanís | MEX | 2:23.0 | 22. | | 5. Gershon Shefa | ISR | 2:26.6 | 32. | | 6. Petr Schmid | AUT | 2:36.4 | 39. | | 7. Friedrich Jokisch | ESA | 2:41.6 | 43. |
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| Heat 7 | Team | time | Rk. | | 1. Schiller Jürgen | FRG | 2:20.8 | 15. | | 2. Martyn Woodroffe | GBR | 2:22.0 | 19. | | 3. Jacek Krawczyk | POL | 2:23.8 | 25. | | 4. Tony Asamali | PHI | 2:24.6 | 29. | | 5. José Martínez | CUB | 2:31.4 | 35. | | 6. Andrew Loh | HKG | 2:42.0 | 44. |
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