Circuit de Monaco (1986-1996) Results from the 1994 Monaco Grand Prix Formula Three held at Monte Carlo on May 14, 1994, in the Circuit de Monaco.
Classification
| Pos | Driver | Constructor | Laps | Time/Retired |
| 1 | Giancarlo Fisichella | Dallara F394-Opel | 24 | 39.06,166 |
| 2 | Jörg Müller | Dallara F394-Fiat | 24 | 39.07,868 |
| 3 | Sascha Maassen | Dallara F394-Opel | 24 | 39.13,125 |
| 4 | Gianantonio Pacchioni | Dallara F393-Fiat | 24 | 39.21,243 |
| 5 | Max Angelelli | Dallara F394-Volkswagen | 24 | 39.22,062 |
| 6 | Michael Krumm | Dallara F394-Opel | 24 | 39.29,070 |
| 7 | Philipp Peter | Dallara F394-Fiat | 24 | 39.33,660 |
| 8 | Luca Riccitelli | Dallara F393-Fiat | 24 | 39.39,060 |
| 9 | Oliver Martini | Dallara F394-Mugen | 24 | 39.39,722 |
| 10 | Alexander Wurz | Dallara F394-Opel | 24 | 39.40,349 |
| 11 | Luca Rangoni | Dallara F393-Fiat | 24 | 39.41,039 |
| 12 | Gianluca Paglicci | Dallara F394-Fiat | 24 | 39.41,492 |
| 13 | Danilo Rossi | Dallara F394-Fiat | 24 | 40.08,687 |
| 14 | Rolando Galli | Dallara F393-Fiat | 24 | 40.09,585 |
| 15 | Ralf Schumacher | Dallara F394-Opel | 24 | 40.13,920 |
| 16 | Federico Gemmo | Dallara F394-Fiat | 24 | 40.25,581 |
| 17 | Maurizio Mediani | Dallara F394-Fiat | 24 | 40.35,972 |
| 18 | Alberto Pedemonte | Dallara F394-Fiat | 23 | |
| 19 | Paolo Coloni | Dallara F394-Fiat | 19 | |
| 20 | Christian Abt | Dallara F394-Opel | 19 | |
| 21 | Christian Menzel | Dallara F393-Opel | 18 | |
| 22 | Norberto Fontana | Dallara F394-Opel | 18 | |
| 23 | Jeremie Dufour | Dallara F394-Mugen | 17 | |
| 24 | Dino Lamby | Dallara F394-Opel | 17 | |
| 25 | Johnny Hauser | Dallara F394-Mugen | 2 | |
| 26 | David Dussau | Dallara F393-Opel | 1 | |