Michael Schumacher won the European Grand Prix 1994 at Circuito de Jerez on 16 October 1994, starting from pole position. Damon Hill finished second for Williams, with Mika Häkkinen completing the podium for McLaren.
| Pos | Driver | Team | Q1 | Q2 | Q3 |
|---|---|---|---|---|---|
| 1 | Michael Schumacher | Benetton | 1:22.762 | - | - |
| 2 | Damon Hill | Williams | 1:22.892 | - | - |
| 3 | Nigel Mansell | Williams | 1:23.392 | - | - |
| 4 | Heinz-Harald Frentzen | Sauber | 1:23.431 | - | - |
| 5 | Rubens Barrichello | Jordan | 1:23.455 | - | - |
| 6 | Gerhard Berger | Ferrari | 1:23.677 | - | - |
| 7 | Johnny Herbert | Ligier | 1:24.040 | - | - |
| 8 | Gianni Morbidelli | Footwork | 1:24.079 | - | - |
| 9 | Mika Häkkinen | McLaren | 1:24.122 | - | - |
| 10 | Eddie Irvine | Jordan | 1:24.157 | - | - |
| 11 | Olivier Panis | Ligier | 1:24.432 | - | - |
| 12 | Jos Verstappen | Benetton | 1:24.643 | - | - |
| 13 | Ukyo Katayama | Tyrrell | 1:24.738 | - | - |
| 14 | Mark Blundell | Tyrrell | 1:24.770 | - | - |
| 15 | Martin Brundle | McLaren | 1:25.110 | - | - |
| 16 | Jean Alesi | Ferrari | 1:25.182 | - | - |
| 17 | Pierluigi Martini | Minardi | 1:25.294 | - | - |
| 18 | Andrea de Cesaris | Sauber | 1:25.407 | - | - |
| 19 | Christian Fittipaldi | Footwork | 1:25.427 | - | - |
| 20 | Michele Alboreto | Minardi | 1:25.511 | - | - |
| 21 | Alessandro Zanardi | Team Lotus | 1:25.557 | - | - |
| 22 | Éric Bernard | Team Lotus | 1:25.595 | - | - |
| 23 | Érik Comas | Larrousse | 1:26.272 | - | - |
| 24 | Hideki Noda | Larrousse | 1:27.168 | - | - |
| 25 | David Brabham | Simtek | 1:27.201 | - | - |
| 26 | Domenico Schiattarella | Simtek | 1:27.976 | - | - |