Indianapolis Motor Speedway · 31 May 1954
| Pos | Team | Points Breakdown | Pts | |
|---|---|---|---|---|
| 1 | Kurtis Kraft Vukovich 8 + McGrath 5 + Ruttman 2 + Nazaruk 2 + Agabashian 0 + Russo 0 + Crockett 0 + Cross 0 + Sweikert 0 + Carter 0 + Jackson 0 + McCoy 0 + Armi 0 + Davies 0 + Hanks 0 + O'Connor 0 + Teague 0 + Hartley 0 + Hoyt 0 + Daywalt 0 + Flaherty 0 + Rathmann 0 + Bettenhausen 0 + Parsons 0 + Homeier 0 | Vukovich 8 + McGrath 5 + Ruttman 2 + Nazaruk 2 + Agabashian 0 + Russo 0 + Crockett 0 + Cross 0 + Sweikert 0 + Carter 0 + Jackson 0 + McCoy 0 + Armi 0 + Davies 0 + Hanks 0 + O'Connor 0 + Teague 0 + Hartley 0 + Hoyt 0 + Daywalt 0 + Flaherty 0 + Rathmann 0 + Bettenhausen 0 + Parsons 0 + Homeier 0 | 17 | |
| 2 | Kuzma Bryan 6 + Stevenson 0 + Faulkner 0 + Ayulo 0 | Bryan 6 + Stevenson 0 + Faulkner 0 + Ayulo 0 | 6 | |
| 3 | Phillips Freeland 0 | Freeland 0 | 0 | |
| 4 | Stevens Niday 0 + Elisian 0 | Niday 0 + Elisian 0 | 0 | |
| 5 | Pankratz Reece 0 | Reece 0 | 0 | |
| 6 | Pawl Ward 0 + Johnson 0 | Ward 0 + Johnson 0 | 0 | |
| 7 | Nichels Thomson 0 | Thomson 0 | 0 | |
| 8 | Schroeder Linden 0 + Scott 0 + Duncan 0 + Fonder 0 | Linden 0 + Scott 0 + Duncan 0 + Fonder 0 | 0 | |
| 9 | Bromme Kladis 0 + Webb 0 | Kladis 0 + Webb 0 | 0 |
| Pos | Driver | Team | Race time / Gap | Laps | Stops | Pts | |
|---|---|---|---|---|---|---|---|
| 1 | Bill Vukovich Kurtis Kraft | Kurtis Kraft | 3:49:17.270 | 200 | — | 8 | |
| 2 | Jimmy Bryan Kuzma | Kuzma | +1:09.950 | 200 | — | 6 | |
| 3 | Jack McGrath Kurtis Kraft | Kurtis Kraft | +1:19.730 | 200 | — | 5 | |
| 4 | Troy Ruttman Kurtis Kraft | Kurtis Kraft | +2:52.680 | 200 | — | 2 | |
| 5 | Mike Nazaruk Kurtis Kraft | Kurtis Kraft | +3:24.550 | 200 | — | 2 | |
| 6 | Fred Agabashian Kurtis Kraft | Kurtis Kraft | +3:47.550 | 200 | — | — | |
| 7 | Don Freeland Phillips | Phillips | +4:13.350 | 200 | — | — | |
| 8 | Paul Russo Kurtis Kraft | Kurtis Kraft | +5:01.170 | 200 | — | — | |
| 9 | Larry Crockett Kurtis Kraft | Kurtis Kraft | +7:07.240 | 200 | — | — | |
| 10 | Cal Niday Stevens | Stevens | +7:07.690 | 200 | — | — | |
| 11 | Art Cross Kurtis Kraft | Kurtis Kraft | +8:22.190 | 200 | — | — | |
| 12 | Chuck Stevenson Kuzma | Kuzma | +1 Lap | 199 | — | — | |
| 12 | Walt Faulkner Kuzma | Kuzma | +1 Lap | 199 | — | — | |
| 13 | Manny Ayulo Kuzma | Kuzma | +3 Laps | 197 | — | — | |
| 14 | Bob Sweikert Kurtis Kraft | Kurtis Kraft | +3 Laps | 197 | — | — | |
| 15 | Duane Carter Kurtis Kraft | Kurtis Kraft | +4 Laps | 196 | — | — | |
| 15 | Jimmy Jackson Kurtis Kraft | Kurtis Kraft | +4 Laps | 196 | — | — | |
| 16 | Ernie McCoy Kurtis Kraft | Kurtis Kraft | +6 Laps | 194 | — | — | |
| 17 | Jimmy Reece Pankratz | Pankratz | +6 Laps | 194 | — | — | |
| 18 | Ed Elisian Stevens | Stevens | +7 Laps | 193 | — | — | |
| 19 | Frank Armi Kurtis Kraft | Kurtis Kraft | +7 Laps | 193 | — | — | |
| 20 | Jimmy Davies Kurtis Kraft | Kurtis Kraft | DNF Spun off | 191 | — | — | |
| 20 | Sam Hanks Kurtis Kraft | Kurtis Kraft | DNF Spun off | 191 | — | — | |
| 21 | Pat O'Connor Kurtis Kraft | Kurtis Kraft | DNF Spun off | 181 | — | — | |
| 22 | Rodger Ward Pawl | Pawl | DNF | 172 | — | — | |
| 22 | Eddie Johnson Pawl | Pawl | DNF | 172 | — | — | |
| 23 | Marshall Teague Kurtis Kraft | Kurtis Kraft | DNF Clutch | 168 | — | — | |
| 23 | Gene Hartley Kurtis Kraft | Kurtis Kraft | DNF Clutch | 168 | — | — | |
| 24 | Johnny Thomson Nichels | Nichels | DNF | 165 | — | — | |
| 25 | Andy Linden Schroeder | Schroeder | DNF Suspension | 165 | — | — | |
| 25 | Bob Scott Schroeder | Schroeder | DNF Suspension | 165 | — | — | |
| 26 | Jerry Hoyt Kurtis Kraft | Kurtis Kraft | DNF Engine | 130 | — | — | |
| 27 | Jimmy Daywalt Kurtis Kraft | Kurtis Kraft | DNF Accident | 111 | — | — | |
| 28 | Pat Flaherty Kurtis Kraft | Kurtis Kraft | DNF Accident | 110 | — | — | |
| 28 | Jim Rathmann Kurtis Kraft | Kurtis Kraft | DNF Accident | 110 | — | — | |
| 29 | Tony Bettenhausen Kurtis Kraft | Kurtis Kraft | DNF Wheel bearing | 105 | — | — | |
| 30 | Danny Kladis Bromme | Bromme | DNF Fuel pump | 104 | — | — | |
| 30 | Travis Webb Bromme | Bromme | DNF Fuel pump | 104 | — | — | |
| 31 | Len Duncan Schroeder | Schroeder | DNF Brakes | 101 | — | — | |
| 31 | George Fonder Schroeder | Schroeder | DNF Brakes | 101 | — | — | |
| 32 | Johnnie Parsons Kurtis Kraft | Kurtis Kraft | DNF Engine | 79 | — | — | |
| 33 | Bill Homeier Kurtis Kraft | Kurtis Kraft | DNF Accident | 74 | — | — |