Juan Fangio won the German Grand Prix 1954 at Nürburgring on 1 August 1954, starting from pole position. José Froilán González finished second for Ferrari, with Maurice Trintignant completing the podium for Ferrari.
| Pos | Grid | Driver | Team | Laps | Time / Status | Pts | FL |
|---|---|---|---|---|---|---|---|
| 1 | 1 | Juan FangioFAN | Mercedes | 22 | 3:45:45.8 | 8 | |
| 2 | 5 | José Froilán GonzálezGON | Ferrari | 22 | +1:36.5 | 3 | |
| 2 | 5 | Mike HawthornHAW | Ferrari | 22 | +1:36.5 | 3 | |
| 3 | 7 | Maurice TrintignantTRI | Ferrari | 22 | +5:08.6 | 4 | |
| 4 | 23 | Karl KlingKLI | Mercedes | 22 | +6:06.5 | 4 | |
| 5 | 15 | Sergio MantovaniMAN | Maserati | 22 | +8:50.5 | 2 | |
| 6 | 13 | Piero TaruffiTAR | Ferrari | 21 | +1 Lap | 0 | |
| 7 | 14 | Harry SchellSCH | Maserati | 21 | +1 Lap | 0 | |
| 8 | 11 | Louis RosierROS | Ferrari | 21 | +1 Lap | 0 | |
| 9 | 12 | Robert ManzonMAN | Ferrari | 20 | +2 Laps | 0 | |
| 10 | 9 | Jean BehraBEH | Gordini | 20 | +2 Laps | 0 | |
| R | 19 | Prince BiraBIR | Maserati | 18 | Steering | 0 | |
| R | 13 | Hermann LangLAN | Mercedes | 10 | Spun off | 0 | |
| R | 16 | Clemar BucciBUC | Gordini | 8 | Wheel | 0 | |
| R | 21 | Theo HelfrichHEL | Klenk | 8 | Engine | 0 | |
| R | 4 | Hans HerrmannHER | Mercedes | 7 | Fuel leak | 0 | |
| R | 4 | Paul FrèreFRR | Gordini | 4 | Wheel | 0 | |
| R | 3 | Mike HawthornHAW | Ferrari | 3 | Transmission | 0 | |
| R | 17 | Roberto MieresMIE | Maserati | 2 | Fuel leak | 0 | |
| R | 3 | Stirling MossMOS | Maserati | 1 | Wheel bearing | 0 | |
| R | 20 | André PilettePIL | Gordini | 0 | Suspension | 0 | |
| W | 8 | Onofre MarimónMAR | Maserati | 0 | Accident | 0 | |
| W | 10 | Luigi VilloresiVIL | Maserati | 0 | Withdrew | 0 | |
| W | 22 | Ken WhartonWHA | Maserati | 0 | Withdrew | 0 |