| Circuit | Spa-Francorchamps |
| Date | 20.06.1954 |
| Laps | 36 |
| Distance | 508,320 km /315,855 miles |
| No | Driver | Ferrari | S/N | Team | Result |
| 2 | Jacques Swaters | 500 F1 | 0208 F2 | Ecurie Francorchamps | retired / engine |
| 4 | Giuseppe Farina | 553 Squalo | – | Scuderia Ferrari | retired / ignition |
| 4 | Giuseppe Farina | 625 F1 | – | Scuderia Ferrari | practice only |
| 6 | José Froilan Gonzalez | 553 Squalo | – | Scuderia Ferrari | retired / oil pressure |
| 8 | Maurice Trintignant | 625 F1 | – | Scuderia Ferrari | 2. |
| 8 | Maurice Trintignant | 553 Squalo | – | Scuderia Ferrari | practice only |
| 10 | Mike Hawthorn – car taken over by José Froilan Gonzalez |
625 F1 | – | Scuderia Ferrari | 4. |