| Series | Driver | Season article |
| FIA Formula One World Championship | Michael Schumacher | 1994 Formula One World Championship |
Constructors: Williams-Renault |
| PPG Indy Car World Series | Al Unser Jr. | 1994 PPG Indy Car World Series |
Manufacturers: Ilmor |
Rookies: Jacques Villeneuve |
| Indy Lights Series | Steve Robertson | 1994 Indy Lights season |
| International Formula 3000 | Jean-Christophe Boullion | 1994 International Formula 3000 season |
| All-Japan Formula 3000 Championship | Marco Apicella | 1994 Japanese Formula 3000 Championship |
| British Formula Two Championship | José Luis Di Palma | 1994 British Formula Two Championship |
| American Indycar Series | Bill Tempero | 1994 American Indycar Series |
| Toyota Atlantic Championship | David Empringham | 1994 Atlantic Championship |
| Australian Drivers' Championship | Paul Stokell | 1994 Australian Drivers' Championship |
| Barber Saab Pro Series | Diego Guzman | 1994 Barber Saab Pro Series |
| Formula König | Bernd Friedrich | 1994 Formula König season |
Teams: Lohmann Motorsport |
| Formula Toyota | Shigeaki Hattori | 1994 Formula Toyota season |
West: Jiro Nakatani |
| Star Mazda Championship | Brad Loehner | 1994 Star Mazda Championship |
| SCCA American Continental Championship | Mike Borkowski | 1994 SCCA American Continental Championship |
| USAC FF2000 National Championship | Clay Collier | 1994 USAC FF2000 National Championshipp |
| Formula Three |
| All-Japan Formula Three Championship | Michael Krumm | 1994 All-Japan Formula Three Championship |
Teams: TOM'S |
| Austria Formula 3 Cup | Alexander Wurz | 1994 Austria Formula 3 Cup |
Trophy: Ewald Kapferer |
| Brazilian Formula Three Championship | Cristiano da Matta | 1994 Brazilian Formula Three Championship |
Teams: Césario Fórmula |
| British Formula 3 Championship | Jan Magnussen | 1994 British Formula Three Championship |
National: Duncan Vercoe |
| Chilean Formula Three Championship | Ramón Ibarra | 1994 Chilean Formula Three Championship |
| French Formula Three Championship | Jean-Philippe Belloc | 1994 French Formula Three Championship |
Teams: Winfield Racing School |
| German Formula Three Championship | Jörg Müller | 1994 German Formula Three Championship |
: Arnd Meier |
| Italian Formula Three Championship | Giancarlo Fisichella | 1994 Italian Formula Three Championship |
Teams: RC Motorsport |
| Mexican Formula Three Championship | Carlos Guerrero | 1994 Mexican Formula Three Championship |
| Formula Three Sudamericana | Gabriel Furlán | 1994 Formula 3 Sudamericana |
| Swiss Formula Three Championship | Rüdi Schurter | 1994 Swiss Formula Three Championship |
| Formula Renault |
| French Formula Renault Championship | Stéphane Sarrazin | 1994 French Formula Renault Championship |
| Eurocup Formula Renault | James Matthews | |
Teams: Manor Motorsport |
| Formula Renault Argentina | Guillermo Di Giacinti | 1994 Formula Renault Argentina |
| Formula Renault Germany | Marcel Tiemann | 1994 Formula Renault Germany |
| Formula Renault Sport UK | James Matthews | 1994 Formula Renault Sport UK |
Teams: Manor Motorsport |
| Spanish Formula Renault Championship | Javier Díaz | 1994 Spanish Formula Renault Championship |
| Formula Ford |
| Australian Formula Ford Championship | Steven Richards | 1994 Australian Formula Ford Championship |
| Benelux Formula Ford 1800 Championship | Bas Leinders | |
| Benelux Formula Ford 1600 Championship | Ron Swart | |
| British Formula Ford Championship | Jason Watt | 1994 British Formula Ford Championship |
| Danish Formula Ford Championship | Steffen Nielsen | |
| Dutch Formula Ford 1600 Championship | Ron Swart | |
| Finnish Formula Ford Championship | Joonas Salmimäki | |
| Formula Mirage | Takeshi Asami | 1994 Formula Mirage season |
| German Formula Ford Championship | Nick Heidfeld | |
| New Zealand Formula Ford Championship | Ashley Stichbury | |
| Formula Ford 1600 Nordic Championship | Joonas Salmimäki | |