Juan Fangio won the Argentine Grand Prix 1954 at Autódromo Juan y Oscar Gálvez on 17 January 1954, starting from P3 on the grid. Nino Farina finished second for Ferrari, with José Froilán González completing the podium for Ferrari.
| Pos | Driver | Team | Grid | Pts | FL | Status |
|---|---|---|---|---|---|---|
1 | | | 3 | 8 | Finished | |
2 | | | 1 | 6 | Finished | |
3 | | | 2 | 5 | Finished | |
4 | | 5 | 3 | +1 Lap | ||
5 | | 15 | 2 | +2 Laps | ||
6 | | 11 | 0 | +3 Laps | ||
7 | | 10 | 0 | +4 Laps | ||
8 | | 13 | 0 | +4 Laps | ||
9 | | 12 | 0 | +5 Laps | ||
D | | 17 | 0 | Disqualified | ||
D | | 4 | 0 | Disqualified | ||
R | | 6 | 0 | Engine | ||
R | | 8 | 0 | Oil leak | ||
R | | 16 | 0 | Oil pressure | ||
R | | 18 | 0 | Gearbox | ||
R | | 14 | 0 | Accident | ||
W | | 7 | 0 | Withdrew | ||
W | | 9 | 0 | Withdrew |