Autodromo Nazionale di Monza · 5 September 1954
| Pos | Team | Points Breakdown | Pts | |
|---|---|---|---|---|
| 1 | Ferrari Hawthorn 6 + González 3 + Maglioli 2 + Trintignant 2 + Ascari 0 + Manzon 0 | Hawthorn 6 + González 3 + Maglioli 2 + Trintignant 2 + Ascari 0 + Manzon 0 | 13 | |
| 2 | Mercedes Fangio 8 + Herrmann 3 + Kling 0 | Fangio 8 + Herrmann 3 + Kling 0 | 11 | |
| 3 | Gordini Wacker 0 + Bucci 0 + Behra 0 | Wacker 0 + Bucci 0 + Behra 0 | 0 | |
| 4 | Vanwall Collins 0 | Collins 0 | 0 | |
| 5 | Maserati Rosier 0 + Mantovani 0 + Moss 0 + Daponte 0 + Villoresi 0 + Mieres 0 + Musso 0 | Rosier 0 + Mantovani 0 + Moss 0 + Daponte 0 + Villoresi 0 + Mieres 0 + Musso 0 | 0 |
| Pos | Driver | Team | Race time / Gap | Laps | Stops | Pts | |
|---|---|---|---|---|---|---|---|
| 1 | Juan Fangio Mercedes | Mercedes | 2:47:47.900 | 80 | — | 8 | |
| 2 | Mike Hawthorn Ferrari | Ferrari | +1 Lap | 79 | — | 6 | |
| 3 | José Froilán González Ferrari | Ferrari | +2 Laps | 78 | — | 3 | |
| 3 | Umberto Maglioli Ferrari | Ferrari | +2 Laps | 78 | — | 2 | |
| 4 | Hans Herrmann Mercedes | Mercedes | +3 Laps | 77 | — | 3 | |
| 5 | Maurice Trintignant Ferrari | Ferrari | +5 Laps | 75 | — | 2 | |
| 6 | Fred Wacker Gordini | Gordini | +5 Laps | 75 | — | — | |
| 7 | Peter Collins Vanwall | Vanwall | +5 Laps | 75 | — | — | |
| 8 | Louis Rosier Maserati | Maserati | +6 Laps | 74 | — | — | |
| 9 | Sergio Mantovani Maserati | Maserati | +6 Laps | 74 | — | — | |
| 10 | Stirling Moss Maserati | Maserati | +9 Laps | 71 | — | — | |
| 11 | Jorge Daponte Maserati | Maserati | +10 Laps | 70 | — | — | |
| 12 | Alberto Ascari Ferrari | Ferrari | DNF Engine | 48 | — | — | |
| 13 | Luigi Villoresi Maserati | Maserati | DNF Clutch | 42 | — | — | |
| 14 | Karl Kling Mercedes | Mercedes | DNF Accident | 36 | — | — | |
| 15 | Roberto Mieres Maserati | Maserati | DNF Suspension | 34 | — | — | |
| 16 | Luigi Musso Maserati | Maserati | DNF Transmission | 32 | — | — | |
| 18 | Robert Manzon Ferrari | Ferrari | DNF Engine | 16 | — | — | |
| 19 | Clemar Bucci Gordini | Gordini | DNF Transmission | 13 | — | — | |
| 20 | Jean Behra Gordini | Gordini | DNF Engine | 2 | — | — |