Race Result
| GP n. 35 - 20/06/1954 - Grand Prix of Belgium Circuit National de Francorchamps |
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| Winner: | Juan Manuel Fangio / Maserati - 2:44'42.4 | ||||||
| Pole Position: | Juan Manuel Fangio / Maserati - 4:22.1 | ||||||
| Fastest Lap: | Juan Manuel Fangio / Maserati - 4:25.5 | ||||||
| Pos | Nš | Driver | Constructor | Laps | Time/Retired | Grid | Points |
| 1 | 26 |  Juan Manuel Fangio |
Maserati | 36 | 2:44'42.4 | 1 | 9 |
| 2 | 8 |  Maurice Trintignant |
Ferrari | 36 | + 24.2 | 6 | 6 |
| 3 | 22 |  Stirling Moss |
Maserati | 35 | + 1 lap | 9 | 4 |
| 4 | 10* | Mike Hawthorn |
Ferrari | 20 | + 1 lap | 5 | 1,5 |
| 4 | 10* | Jose Froilan Gonzalez |
Ferrari | 15 | + 1 lap | 5 | 1,5 |
| 5 | 18 |  Andre Pilette |
Gordini | 35 | + 1 lap | 8 | 2 |
| 6 | 20 |  Prince Bira |
Maserati | 35 | + 1 lap | 13 | 0 |
| 7 | 30 |  Sergio Mantovani |
Maserati | 34 | + 2 laps | 11 | 0 |
| Ret | 4 | Nino Farina |
Ferrari | 14 | ignition | 3 | 0 |
| Ret | 16 | Paul Frere |
Gordini | 14 | engine | 10 | 0 |
| Ret | 12 | Jean Behra |
Gordini | 12 | suspension | 7 | 0 |
| Ret | 28 | Onofre Marimon |
Maserati | 3 | engine | 4 | 0 |
| Ret | 2 | Jacques Swaters |
Ferrari | 1 | engine | 14 | 0 |
| Ret | 6 | Jose Froilan Gonzalez |
Ferrari | 1 | engine | 2 | 0 |
| Ret | 24 | Roberto Mieres |
Maserati | 0 | fire | 12 | 0 |
| * Shared driver | |||||||