October 16, 1994 Circuito de Jerez | Lap distance 4.428 km
Championship standings | 1994 season
| Pos | Points | No | Driver | Car | Engine | Tyres | Laps | Race Time | Delay | Qualifying | Fastest Lap | |||
| 1 | 10 | 5 | Michael Schumacher (GER) | Benetton B194 | Ford Zetec-R | Goodyear | 69 | 1:40'26.689 | 1 | 1'22.762 | 1 | 1'25.040 | (17) | |
| 2 | 6 | 0 | Damon Hill (GBR) | Williams FW16B | Renault RS6 | Goodyear | 69 | 1:40'51.378 | +24.689 | 2 | 1'22.892 | 3 | 1'25.532 | (10) |
| 3 | 4 | 7 | Mika Häkkinen (FIN) | McLaren MP4-9 | Peugeot A6 | Goodyear | 69 | 1:41'36.337 | +1'09.648 | 9 | 1'24.122 | 11 | 1'26.656 | (60) |
| 4 | 3 | 15 | Eddie Irvine (GBR) | Jordan 194 | Hart 1035 | Goodyear | 69 | 1:41'45.135 | +1'18.446 | 10 | 1'24.157 | 4 | 1'26.259 | (52) |
| 5 | 2 | 28 | Gerhard Berger (AUT) | Ferrari 412T1B | Ferrari E5A-94 | Goodyear | 68 | 1:40'31.515 | +1 lap | 6 | 1'23.677 | 9 | 1'26.629 | (40) |
| 6 | 1 | 30 | Heinz-Harald Frentzen (GER) | Alfa Romeo C13 | Mercedes 2175B | Goodyear | 68 | 1:40'38.757 | +1 lap | 4 | 1'23.431 | 12 | 1'26.947 | (56) |
| 7 | 3 | Ukyo Katayama (JPN) | Tyrrell 022 | Yamaha OX10A | Goodyear | 68 | 1:40'38.910 | +1 lap | 13 | 1'24.738 | 7 | 1'26.511 | (59) | |
| 8 | 25 | Johnny Herbert (GBR) | Ligier JS39B | Renault RS6 | Goodyear | 68 | 1:40'51.752 | +1 lap | 7 | 1'24.040 | 14 | 1'27.040 | (63) | |
| 9 | 26 | Olivier Panis (FRA) | Ligier JS39B | Renault RS6 | Goodyear | 68 | 1:40'52.310 | +1 lap | 11 | 1'24.432 | 8 | 1'26.613 | (59) | |
| 10 | 27 | Jean Alesi (FRA) | Ferrari 412T1B | Ferrari E5A-94 | Goodyear | 68 | 1:40'52.887 | +1 lap | 16 | 1'25.182 | 5 | 1'26.410 | (67) | |
| 11 | 10 | Gianni Morbidelli (ITA) | Footwork FA15 | Ford HB | Goodyear | 68 | 1:41'11.272 | +1 lap | 8 | 1'24.079 | 10 | 1'26.651 | (54) | |
| 12 | 14 | Rubens Barrichello (BRA) | Jordan 194 | Hart 1035 | Goodyear | 68 | 1:41'20.659 | +1 lap | 5 | 1'23.455 | 2 | 1'25.529 | (62) | |
| 13 | 4 | Mark Blundell (GBR) | Tyrrell 022 | Yamaha OX10A | Goodyear | 68 | 1:41'24.708 | +1 lap | 14 | 1'24.770 | 15 | 1'27.392 | (42) | |
| 14 | 24 | Michele Alboreto (ITA) | Minardi M194 | Ford HB | Goodyear | 67 | 1:41'05.095 | +2 laps | 20 | 1'25.511 | 18 | 1'27.952 | (13) | |
| 15 | 23 | Pierluigi Martini (ITA) | Minardi M194 | Ford HB | Goodyear | 67 | 1:41'18.363 | +2 laps | 17 | 1'25.294 | 22 | 1'28.551 | (44) | |
| 16 | 12 | Alessandro Zanardi (ITA) | Team Lotus 109 | Mugen-Honda MF-351HB | Goodyear | 67 | 1:41'20.538 | +2 laps | 21 | 1'25.557 | 21 | 1'28.467 | (67) | |
| 17 | 9 | Christian Fittipaldi (BRA) | Footwork FA15 | Ford HB | Goodyear | 66 | 1:40'48.342 | +3 laps | 19 | 1'25.427 | 13 | 1'27.030 | (25) | |
| 18 | 11 | Eric Bernard (FRA) | Team Lotus 109 | Mugen-Honda MF-351HB | Goodyear | 66 | 1:40'56.166 | +3 laps | 22 | 1'25.595 | 23 | 1'29.147 | (6) | |
| 19 | 32 | Domenico Schiattarella (ITA) | Simtek S941 | Ford HB | Goodyear | 64 | 1:40'39.708 | +5 laps | 26 | 1'27.976 | 26 | 1'30.912 | (51) | |
| Retirement | ||||||||||||||
| spun off | 2 | Nigel Mansell (GBR) | Williams FW16B | Renault RS6 | Goodyear | 47 | 1:10'56.265 | 3 | 1'23.392 | 6 | 1'26.448 | (36) | ||
| engine | 31 | David Brabham (AUS) | Simtek S941 | Ford HB | Goodyear | 42 | 1:05'00.644 | 25 | 1'27.201 | 24 | 1'29.307 | (21) | ||
| throttle | 29 | Andrea de Cesaris (ITA) | Alfa Romeo C13 | Mercedes 2175B | Goodyear | 37 | 55'35.880 | 18 | 1'25.407 | 16 | 1'27.635 | (17) | ||
| alternator | 20 | Erik Comas (FRA) | Larrousse LH94 | Ford HB | Goodyear | 37 | 55'37.603 | 23 | 1'26.272 | 17 | 1'27.755 | (17) | ||
| spun off | 6 | Jos Verstappen (NED) | Benetton B194 | Ford Zetec-R | Goodyear | 15 | 22'29.659 | 12 | 1'24.643 | 19 | 1'28.249 | (15) | ||
| gearbox | 19 | Hideki Noda (JPN) | Larrousse LH94 | Ford HB | Goodyear | 10 | 16'14.346 | 24 | 1'27.168 | 25 | 1'30.525 | (4) | ||
| engine | 8 | Martin Brundle (GBR) | McLaren MP4-9 | Peugeot A6 | Goodyear | 8 | 12'00.383 | 15 | 1'25.110 | 20 | 1'28.355 | (7) | ||
| Not qualified | ||||||||||||||
| -- | 34 | Bertrand Gachot (FRA) | Pacific PR01 | Ilmor 2175A | Goodyear | 1'29.488 | ||||||||
| -- | 33 | Paul Belmondo (FRA) | Pacific PR01 | Ilmor 2175A | Goodyear | 1'30.234 | ||||||||
