| 1994 Men's Little 500 Final Results | |||
| Place | Team | Lap | Time |
| 1 | Sigma Chi | 200 | 2:11.06 |
| 2 | Cutters | 200 | 2:11.08 |
| 3 | Delta Chi | 200 | 2:11.09 |
| 4 | Cinzano | 200 | 2:11.11 |
| 5 | Phi Gamma Delta | 200 | 2:11.43 |
| 6 | Pi Kappa Alpha | 200 | 2:11.43 |
| 7 | Phi Kappa Psi | 200 | 2:11.46 |
| 8 | Phi Delta Theta | 200 | 2:12.23 |
| 9 | Acacia | 200 | 2:13.08 |
| 10 | Dodds House | 200 | 2:13.09 |
| 11 | Team College Life | 200 | 2:14.04 |
| 12 | Pi Kappa Phi | 200 | 2:14.10 |
| 13 | Delta Upsilon | 199 | 2:13.27 |
| 14 | Lambda Chi Alpha | 198 | 2:14.05 |
| 15 | Sigma Alpha Epsilon | 197 | 2:13.33 |
| 16 | Sigma Nu | 196 | 2:14.05 |
| 17 | Sigma Phi Epsilon | 195 | 2:13.56 |
| 18 | Collins - Graitas | 194 | 2:13.56 |
| 19 | Cyclones | 194 | 2:14.00 |
| 20 | Alpha Epsilon Pi | 193 | 2:13.57 |
| 21 | Beta Theta Pi | 190 | 2:13.50 |
| 22 | Delta Tau Delta | 190 | 2:14.07 |
| 23 | Human Wheels | 189 | 2:13.58 |
| 24 | McNutt Racing Team | 189 | 2:14.15 |
| 25 | Wright Cucling | 189 | 2:14.16 |
| 26 | Team Last Chance | 187 | 2:14.23 |
| 27 | Theta Chi | 186 | 2:13.34 |
| 28 | Read Zoo Gods | 185 | 2:13.55 |
| 29 | Alpha Sigma Phi | 185 | 2:13.59 |
| 30 | Sammy & Co. | 184 | 2:13.59 |
| 31 | Kappa Sigma | 182 | 2:13.55 |
| 32 | Sigma Pi | 172 | 2:14.16 |
| 33 | Zeta Beta Tau | 156 | 2:13.46 |