| Final | time | gap | | 1. |  Soviet Union | 3:44.33 | GR | | Vladimir Shemetov, Uriy Kris, Alexei Markovski, Sergei Smiryagin | | 2. |  Canada | 3:46.49 | +2.16s | | Mike West, Ken Fitzpatrick. Tom Ponting, Alex Baumann | | 3. |  United States | 3:46.65 | +2.32s | | 4. |  West Germany | 3:50.42 | +6.09s | | 5. |  Italy | 3:55.83 | +11.50s | | 6. |  Great Britain | 3:56.79 | +12.46s | | 7. |  China | 3:59.54 | +15.21s | | -. |  Jaapn | DSQ | |
Games Record: Soviet Union 3:48.75 Bucuresti, Romania 1981
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Heats - Thursday, 7th July |
| Heat 1 | time | Rk. | | 1. | United States | 3:51.11 | 1. | | 2. | Jaapn | 3:54.7. | 3. | | 3. | West Germany | 3:54.79 | 4. | | 4. | Great Britain | 2:59.98 | 6. | | 5. |  Brazil | 4:01.32 | 9. | | 6. |  Portugal | 4:13.97 | 13. | | 7. |  Argentina | 4:20.51 | 15. |
| Heat 2 | time | Rk. | | 1. | Soviet Union | 3:52.54 | 2. | | 2. | Canada | 3:55.21 | 5. | | Wade Flemons, John Clark, David Chirchill, Graham Welbourn | | 3. | China | 4:00.41 | 7. | | 4. | Italy | 4:00.88 | 8. | | 5. |  Switzerland | 4:02.36 | 10. | | 6. |  Austria | 4:03.22 | 11. | | 7. |  Cuba | 4:10.76 | 12. | | 8. |  Egypt | 4:15.62 | 14. |
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