[2] The event was won by the United States, returning the top of the podium after losing their eight-Games winning streak with a fifth-place finish in 1960; it was the nation's 11th overall victory in the men's eight.
The defending champions, the United Team of Germany, took silver; the Germans defeated the United States in the opening round but lost the rematch in the final after the Americans advanced through the repechage.
Germany had risen as a power as well—the United Team was the reigning Olympic gold medalist and West Germany had taken silver at the 1961 European Rowing Championships, gold at the 1962 World Rowing Championships, and gold at the 1963 European Rowing Championships.
[2] Cuba, Egypt, and South Korea each made their debut in the event.
Canada and the United States each made their 12th appearance, tied for most among nations to that point.