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Date: 7 August 1932
Heats
Final
| Rank | Name | Nation | Time |
| 1 | Ivan Fuqua; Edgar Ablowich; Karl Warner; William Carr | USA | 3:08.2 |
| 2 | Crew Stoneley; David (Lord) Burghley; Thomas Hampson; Godfrey Rampling | GBR | 3:11.2 |
| 3 | Raymond Lewis; James Ball; Philip Edwards; Alexander Wilson | CAN | 3:12.8 |
| 4 | Joachim Buchner; Walter Nehb; Adolf Metzner; Otto Peltzer | GER | 3:14.4 |
| 5 | Itaro Nakajima; Iwao Masuda; Seikan Oki; Teichi Nishi | JPN | 3:14.6 |
| 6 | Giacomo Carlini; Giovanni Turba; Mario De Negri; Luigi Facelli | ITA | 3:17.8 |
| Heats | |||
| 7 | Ricardo Arguello; Jesus Moraila; Manuel Alvarez; Carlos de Anda | MEX | 3:23.4 |