| Final | Team | time | Rk. | | 1. Gunnar Larsson | SWE | 2:07.17 | 1. | | 2. Tim McKee | USA | 2:08.37 | 4. | | 3. Steve Furniss | USA | 2:08.45 | 3. | | 4. Gary Hall | USA | 2:08.49 | 2. | | 5. András Hargitay | HUN | 2:09.66 | 5. | | 6. Mikhail Sukharev | URS | 2:11.78 | 7. | | 7. Juan Carlos Bello | PER | 2:11.87 | 6. | | 8. Hans Ljungberg | SWE | 2:13.56 | 8. |
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| This event was excluded for next 2 Olympic Games. |
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| Heat 1 | Team | time | Rk. | | 1. Wolfram Sperling | GDR | 2:12.87 | 9. | | 2. Thomas Aretz | FRG | 2:13.19 | 10. | | 3. Bertram Türpe | GDR | 2:16.54 | 21. | | 4. Hsu Tung-Hsiung | TPE | 2:18.34 | 28. | | 5. José Joaquín Santibáñez | MEX | 2:19.47 | 31. | | 6. Amin Ahmed Adel Youssef | EGY | 2:24.61 | 36. |
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| Heat 2 | Team | time | Rk. | | 1. András Hargitay | HUN | 2:10.88 | 5. | | 2. Bruce Featherston | AUS | 2:15.18 | 16. | | 3. Clay Evans | CAN | 2:15.19 | 17. | | 4. David Brumwell | CAN | 2:16.84 | 23. | | 5. Gudmunður Gíslason | ISL | 2:20.00 | 33. | | 6. James Findlay | AUS | 2:20.08 | 34. | | 7. Wong Man Chiu | HKG | 2:34.82 | 39. |
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| Heat 3 | Team | time | Rk. | | 1. Gunnar Larsson | SWE | 2:09.70 | 1. | | 2. Klaus Steinbach | FRG | 2:13.84 | 14. | | 3. Doug Jamison | CAN | 2:17.71 | 27. | | 4. Antônio Azevedo | BRA | 2:19.41 | 30. | | 5. Marian Slavic | ROU | 2:19.98 | 32. | | 6. Roy Chan | SIN | 2:24.43 | 35. | | -. Barry Prime | GBR | 2:18.84 | |
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| Heat 4 | Team | time | Rk. | | 1. Tim McKee | USA | 2:10.44 | 4. | | 2. Juan Carlos Bello | PER | 2:11.70 | 6. | | 3. David Wilkie | GBR | 2:13.25 | 12. | | 4. John McConnochie | NZL | 2:15.04 | 15. | | 5. Andreas Weber | FRG | 2:16.17 | 19. | | 6. Neil Martin | AUS | 2:16.24 | 20. | | 7. François van Kruisdijk | NED | 2:17.14 | 24. |
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| Heat 5 | Team | time | Rk. | | 1. Steve Furniss | USA | 2:09.97 | 3. | | 2. Hans Ljungberg | SWE | 2:12.46 | 8. | | 3. Valentin Partyka | URS | 2:13.24 | 11. | | 4. Ricardo Marmolejo | MEX | 2:15.82 | 18. | | 5. Zbigniew Pacelt | POL | 2:17.35 | 26. | | 6. Bruno Bassoul | LEB | 2:27.78 | 37. | | 7. Chiang Jin Choon | MAS | 2:32.67 | 38. |
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| Heat 6 | Team | time | Rk. | | 1. Gary Hall | USA | 2:09.85 | 2. | | 2. Mikhail Sukharev | URS | 2:11.91 | 7. | | 3. Christian Lietzmann | GDR | 2:13.42 | 13. | | 4. Jiro Sasaki | JPN | 2:16.56 | 22. | | 5. Jairulla Jaitulla | PHI | 2:17.23 | 25. | | 6. Lorenzo Marugo | ITA | 2:19.00 | 29. |
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