This application provides sounding reference signal transmission methods and apparatuses. One method comprises: determining, by a terminal device, that a sounding reference signal (SRS) to be transmitted is an nSRSth transmission of a plurality of SRS transmissions, wherein nSRS is a non-negative integer; selecting, by a terminal device, an antenna group of Λ antenna groups to transmit the sounding reference signal (SRS) based on Λ and nSRS, such that when sending the SRS for 2Λ times, the SRS is sent through each of the Λ antenna groups at least once, wherein Λ is a positive integer greater than or equal to 3; and sending, by the terminal device during the nSRSth transmission, the SRS through antenna ports comprised in the selected antenna group.