| Final | Team | time | Rk. | | 1. Don McKenzie | USA | 1:07.7 | 1. 3. | | 2. Vladimir Kosinsky | URS | 1:08.0 | 12.1. | | 3. Nikolay Pankin | URS | 1:08.0 | 2. 2. | | 4. José Sylvio Fiolo | BRA | 1:08.1 | 7. 4. | | 5. Yevgeny Mikhaylov | URS | 1:08.4 | 4. 5. | | 6. Ian O'Brien | AUS | 1:08.6 | 2. 8. | | 7. Alberto Forelli | ARG | 1:08.7 | 4. 7. | | 8. Egon Henninger | GDR | 1:09.7 | 9. 6. |
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| New event in the Olympic Games. |
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| Semi 1 | Team | time | Rk. | | 1. Egon Henninger | GDR | 1:08.9 | 6. | | 2. Ian O'Brien | AUS | 1:09.0 | 8. | | 3. Michael Günther | FRG | 1:09.7 | 11. | | 4. Klaus Katzur | GDR | 1:09.9 | 15. | | 5. Osamu Tsurumine | JPN | 1:10.3 | 16. | | 6. Amman Jalmaani | PHI | 1:10.4 | 17. | | 7. Thomas Jonsson | SWE | 1:10.9 | 18. | | 8. Szabó Sándor | HUN | 1:11.1 | 20. |
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| Semi 2 | Team | time | Rk. | | 1. Nikolay Pankin | URS | 1:08.1 | 2. | | 2. Alberto Forelli | ARG | 1:08.9 | 7. | | 3. David Perkowski | USA | 1:09.0 | 9. | | 4. Felipe Muñoz | MEX | 1:09.4 | 10. | | 5. Ladislau Koszta | ROU | 1:09.8 | 13. | | 6. Thomas Aretz | FRG | 1:11.2 | 21. | | 7. Osvaldo Boretto | ARG | 1:11.8 | 23. | | -. Nobutaka Taguchi | JPN | | |
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| Heat 1 | Team | time | Rk. | | 1. Nikolay Pankin | URS | 1:08.9 | 2. | | 2. Klaus Katzur | GDR | 1:09.4 | 6. | | 3. David Perkowski | USA | 1:09.5 | 7. | | 4. Michael Günther | FRG | 1:10.3 | 15. | | 5. Osamu Tsurumine | JPN | 1:10.5 | 18. | | 6. Nicolas Gilliard | SUI | 1:12.8 | 31. | | 7. Eduardo Moreno | MEX | 1:13.7 | 32. |
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| Heat 2 | Team | time | Rk. | | 1. Nobutaka Taguchi | JPN | 1:09.8 | 11. | | 2. Vladimir Kosinsky | URS | 1:10.0 | 12. | | 3. Kenneth Merten | USA | 1:10.6 | 19. | | 4. Liam Ball | IRE | 1:12.1 | 27. | | 5. Leiknir Jónsson | ISL | 1:16.3 | 35. | | 6. Abel Muñoz | ESA | 1:19.4 | 37. |
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| Heat 3 | Team | time | Rk. | | 1. Egon Henninger | GDR | 1:09.6 | 9. | | 2. Ladislau Koszta | ROU | 1:10.1 | 14. | | 3. Klukowski Józef | POL | 1:11.0 | 22. | | 4. Thomas Aretz | FRG | 1:11.1 | 23. | | 5. Szabó Sándor | HUN | 1:11.3 | 24. | | 6. Stuart Roberts | GBR | 1:12.7 | 30. | | 7. Ivan Gomina | COL | 1:15.1 | 34. |
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| Heat 4 | Team | time | Rk. | | 1. José Sylvio Fiolo | BRA | 1:09.5 | 7. | | 2. Gregor Betz | FRG | 1:10.3 | 15. | | 3. Amman Jalmaani | PHI | 1:10.6 | 19. | | 4. Slavko Kurbanović | YUG | 1:11.6 | 25. | | 5. Roger Roberts | GBR | 1:11.7 | 26. | | 6. Leroy Goff | PHI | 1:13.7 | 32. | | 7. Arturo Carranza | ESA | 1:28.0 | 38. |
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| Heat 5 | Team | time | Rk. | | 1. Don McKenzie | USA | 1:08.1 | 1. | | 2. Yevgeny Mikhaylov | URS | 1:09.3 | 4. | | 3. Bill Mahony | CAN | 1:09.7 | 10. | | 4. Osvaldo Boretto | ARG | 1:10.3 | 17. | | 5. Felipe Muñoz | MEX | 1:10.6 | 19. | | 6. Yohan Kende | ISR | 1:12.3 | 28. |
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