Autódromo Juan y Oscar Gálvez · 17 January 1954
Juan Manuel Fangio won the 1954 Argentine Grand Prix for Maserati from 3rd on the grid, 1:19.000 ahead of Nino Farina. Élie Bayol gained the most places, from 15th on the grid to 5th.
| Pos | Team | Points Breakdown | Pts | |
|---|---|---|---|---|
| 1 | Ferrari Farina 6 + González 5 + Trintignant 3 + Maglioli 0 + Hawthorn 0 + Rosier 0 | Farina 6 + González 5 + Trintignant 3 + Maglioli 0 + Hawthorn 0 + Rosier 0 | 14 | |
| 2 | Maserati Fangio 8 + Schell 0 + Bira 0 + de Graffenried 0 + Marimón 0 + Mieres 0 + Daponte 0 + Musso 0 + Menditeguy 0 | Fangio 8 + Schell 0 + Bira 0 + de Graffenried 0 + Marimón 0 + Mieres 0 + Daponte 0 + Musso 0 + Menditeguy 0 | 8 | |
| 3 | Gordini Bayol 2 + Behra 0 + Loyer 0 | Bayol 2 + Behra 0 + Loyer 0 | 2 |
| Pos | Driver | Team | Race time / Gap | Laps | Stops | Pts | |
|---|---|---|---|---|---|---|---|
| 1 | Juan Manuel Fangio Maserati | Maserati | 3:00:55.800 | 87 | — | 8 | |
| 2 | Nino Farina Ferrari | Ferrari | +1:19.000 | 87 | — | 6 | |
| 3 | José Froilán González Ferrari | Ferrari | +2:01.000 | 87 | — | 5 | |
| 4 | Maurice Trintignant Ferrari | Ferrari | +1 Lap | 86 | — | 3 | |
| 5 | Élie Bayol Gordini | Gordini | +2 Laps | 85 | — | 2 | |
| 6 | Harry Schell Maserati | Maserati | +3 Laps | 84 | — | — | |
| 7 | Prince Bira Maserati | Maserati | +4 Laps | 83 | — | — | |
| 8 | Toulo de Graffenried Maserati | Maserati | +4 Laps | 83 | — | — | |
| 9 | Umberto Maglioli Ferrari | Ferrari | +5 Laps | 82 | — | — | |
| DSQ | Jean Behra Gordini | Gordini | DSQ | 61 | — | — | |
| DSQ | Mike Hawthorn Ferrari | Ferrari | DSQ | 52 | — | — | |
| DNF | Onofre Marimón Maserati | Maserati | DNF Engine | 48 | — | — | |
| DNF | Roberto Mieres Maserati | Maserati | DNF Oil leak | 37 | — | — | |
| DNF | Roger Loyer Gordini | Gordini | DNF Oil pressure | 19 | — | — | |
| DNF | Jorge Daponte Maserati | Maserati | DNF Gearbox | 19 | — | — | |
| DNF | Louis Rosier Ferrari | Ferrari | DNF Accident | 1 | — | — | |
| DNS | Luigi Musso Maserati | Maserati | DNS Withdrew | 0 | — | — | |
| DNS | Carlos Menditeguy Maserati | Maserati | DNS Withdrew | 0 | — | — |