Juan Fangio won the Italian Grand Prix 1954 at Autodromo Nazionale di Monza on 5 September 1954, starting from pole position. Mike Hawthorn finished second for Ferrari, with Umberto Maglioli completing the podium for Ferrari.
| Pos | Driver | Team | Grid | Pts | FL | Status |
|---|---|---|---|---|---|---|
1 | | | 1 | 8 | Finished | |
2 | | 7 | 6 | +1 Lap | ||
3 | | 13 | 2 | +2 Laps | ||
3 | | 13 | 3 | +2 Laps | ||
4 | | 8 | 3 | +3 Laps | ||
5 | | 11 | 2 | +5 Laps | ||
6 | | 18 | 0 | +5 Laps | ||
7 | | 16 | 0 | +5 Laps | ||
8 | | 20 | 0 | +6 Laps | ||
9 | | 9 | 0 | +6 Laps | ||
10 | | 3 | 0 | +9 Laps | ||
11 | | 19 | 0 | +10 Laps | ||
R | | 2 | 0 | Engine | ||
R | | 6 | 0 | Clutch | ||
R | | 4 | 0 | Accident | ||
R | | 10 | 0 | Suspension | ||
R | | 14 | 0 | Transmission | ||
R | | 5 | 0 | Gearbox | ||
R | | 15 | 0 | Engine | ||
R | | 17 | 0 | Transmission | ||
R | | 12 | 0 | Engine | ||
F | | 21 | 0 | Did not qualify |