| «1954-01» | Argentina Grand Prix - II Gran Premio de la Republica Argentina |
| 1954-01-17 | Buenos Aires - Autodromo Juan y Oscar Gálvez - 87 laps × 3.912 km : 340.344 km |
| Pos | Grid | Car | Driver | Constructor | Time | Gap | Interval |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 10 | Giuseppe Farina | Ferrari | 01:44.800 | 134.382 km/h | |
| 2 | 2 | 12 | Jose-Froilan Gonzalez | Ferrari | 01:44.900 | +00.100 (+0.095%) | +00.100 |
| 3 | 3 | 2 | Juan Manuel Fangio | Maserati | 01:45.600 | +00.800 (+0.763%) | +00.700 |
| 4 | 4 | 14 | Mike Hawthorn | Ferrari | 01:47.000 | +02.200 (+2.099%) | +01.400 |
| 5 | 5 | 26 | Maurice Trintignant | Ferrari | 01:47.400 | +02.600 (+2.481%) | +00.400 |
| 6 | 6 | 4 | Onofre Marimon | Maserati | 01:47.400 | +02.600 (+2.481%) | +00.000 |
| 7 | 7 | 6 | Luigi Musso | Maserati | 01:48.200 | +03.400 (+3.244%) | +00.800 |
| 8 | 8 | 32 | Roberto Mieres | Maserati | 01:49.000 | +04.200 (+4.008%) | +00.800 |
| 9 | 36 | Carlos Menditeguy | Maserati | 01:49.200 | +04.400 (+4.198%) | +00.200 | |
| 10 | 9 | 8 | Prince Bira | Maserati | 01:49.300 | +04.500 (+4.294%) | +00.100 |
| 11 | 10 | 28 | Harry Schell | Maserati | 01:50.000 | +05.200 (+4.962%) | +00.700 |
| 12 | 11 | 16 | Umberto Maglioli | Ferrari | 01:50.200 | +05.400 (+5.153%) | +00.200 |
| 13 | 12 | 30 | Emmanuel de Graffenried | Maserati | 01:50.700 | +05.900 (+5.630%) | +00.500 |
| 14 | 13 | 24 | Louis Rosier | Ferrari | 01:51.100 | +06.300 (+6.011%) | +00.400 |
| 15 | 14 | 20 | Elie Bayol | Gordini | 01:51.600 | +06.800 (+6.489%) | +00.500 |
| 16 | 15 | 22 | Roger Loyer | Gordini | 01:52.600 | +07.800 (+7.443%) | +01.000 |
| 17 | 16 | 18 | Jean Behra | Gordini | 01:53.000 | +08.200 (+7.824%) | +00.400 |
| 18 | 17 | 34 | Jorge Daponte | Maserati | 01:56.700 | +11.900 (+11.355%) | +03.700 |