1954 Indianapolis 500
- Round
- 2 of 1954
- Circuit
- Indianapolis Motor Speedway
- Location
- Speedway, Indiana, United States of America
- Dates
- —
- Format
- Standard weekend
- Winner
- Bill Vukovich
- Constructor
- —
- Entrant
- Kurtis Kraft-Offenhauser
- Pole position
- Jack McGrath
- Fastest lap
- Jack McGrath
- Confidence
- reference
Classification
| Pos | Driver | Constructor | Grid | Laps | Points | Status |
|---|---|---|---|---|---|---|
| 1 | Bill Vukovich | — | 19 | 200 | 8 | — |
| 2 | Jimmy Bryan | — | 3 | 200 | 6 | — |
| 3 | Jack McGrath | — | 1 | 200 | 5 | — · fastest lap |
| 4 | Duane Carter | — | 8 | 196 | 1.5 | — |
| 4 | Troy Ruttman | — | 11 | 200 | 1.5 | — |
| 5 | Mike Nazaruk | — | 14 | 200 | 2 | — |
| 6 | Fred Agabashian | — | 24 | 200 | — | — |
| 7 | Don Freeland | — | 6 | 200 | — | — |
| 8 | Jerry Hoyt | — | 30 | 130 | — | Engine |
| 8 | Paul Russo | — | 32 | 200 | — | — |
| 9 | Larry Crockett | — | 25 | 200 | — | — |
| 10 | Cal Niday | — | 13 | 200 | — | — |
| 11 | Jimmy Davies | — | — | — | — | — |
| 11 | Sam Hanks | — | 10 | 191 | — | Spun off |
| 11 | Johnnie Parsons | — | 15 | 79 | — | Engine |
| 11 | Andy Linden | — | 23 | 165 | — | Suspension |
| 11 | Art Cross | — | 27 | 200 | — | — |
| 12 | Walt Faulkner | — | — | — | — | — |
| 12 | Chuck Stevenson | — | 5 | 199 | — | — |
| 13 | Manny Ayulo | — | 22 | 197 | — | — |
| 14 | Bob Sweikert | — | 9 | 197 | — | — |
| 15 | Marshall Teague | — | — | — | — | — |
| 15 | Jimmy Jackson | — | — | — | — | — |
| 15 | Tony Bettenhausen | — | 21 | 105 | — | Wheel bearing |
| 16 | Ernie McCoy | — | 20 | 194 | — | — |
| 17 | Jimmy Reece | — | 7 | 194 | — | — |
| 18 | Bob Scott | — | — | — | — | — |
| 18 | Ed Elisian | — | 31 | 193 | — | — |
| 19 | George Fonder | — | — | — | — | — |
| 19 | Frank Armi | — | 33 | 193 | — | — |
| 20 | Jim Rathmann | — | 28 | 110 | — | Accident |
| 21 | Pat O'Connor | — | 12 | 181 | — | Spun off |
| 22 | Eddie Johnson | — | — | — | — | — |
| 22 | Rodger Ward | — | 16 | 172 | — | Retirement |
| 23 | Gene Hartley | — | 17 | 168 | — | Clutch |
| 24 | Johnny Thomson | — | 4 | 165 | — | Retirement |
| 24 | Bill Homeier | — | 18 | 74 | — | Accident |
| 27 | Jimmy Daywalt | — | 2 | 111 | — | Accident |
| 28 | Pat Flaherty | — | — | — | — | — |
| 30 | Danny Kladis | — | — | — | — | — |
| 30 | Spider Webb | — | 29 | 104 | — | Fuel pump |
| 31 | Len Duncan | — | 26 | 101 | — | Brakes |