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| Date | Saturday 17 July 1954 |
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| Start time | 14:00 |
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| Event |  British GP |
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| Circuit | Silverstone |
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| Event Format | Race of 90 laps |
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| Championship | World Championship |
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| Race number | #5 of 9 in 1954
#37 (of all time) |
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| Laps | 90 |
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| Circuit Perimeter | 4711 m |
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| Race Distance | 4711 × 90 = 423.990 km |
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| Grid Format | 4-3-4-3 |
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| Pole Position | Right |
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| First Corner | Right |
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| Track Direction | Clockwise |
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| Weather | Cold, Wet |
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| Entries | 33 |
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| Qualifiers | 31 |
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| Finishers | 15 |
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| Debutants | Bill Whitehouse (Driver),
Clemar Bucci (Driver),
John Riseley-Prichard (Driver),
Leslie Marr (Driver),
Leslie Thorne (Driver),
Ron Flockhart (Driver),
Vanwall (Car Manufacturer),
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Vanwall (Engine Manufacturer),
Vanwall Special (Car Model),
A.E. Moss (Entrant),
Bill Whitehouse (Entrant),
Gould's Garage (Bristol) (Entrant),
Leslie Marr (Entrant)
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| Milestones | Car 11 – 1st Fastest Lap (Car Number)
Car 17 – 1st Fastest Lap (Car Number)
Car 31 – 1st Fastest Lap (Car Number)
Car 33 – 1st Fastest Lap (Car Number)
Car 7 – 1st Fastest Lap (Car Number)
Car 9 – 1st Fastest Lap (Car Number)
Car 9 – 1st Win (Car Number)
A.E. Moss – 1st Fastest Lap (Entrant)
Englebert – 1st Fastest Lap (Tyre Manufacturer)
Equipe Gordini – 1st Fastest Lap (Entrant)
Gordini – 1st Fastest Lap (Engine Manufacturer)
 Onofre Marimón – 1st Fastest Lap (Driver)
 Gordini – 1st Fastest Lap (Car Manufacturer)
Jean Behra – 1st Fastest Lap (Driver)
Mike Hawthorn – 1st Fastest Lap (Driver)
Stirling Moss – 1st Fastest Lap (Driver)
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| Records Broken |
1. Most 5th Place Finishes – Maurice Trintignant (4),
2. Most 12th Place Finishes –  Harry Schell (2),
3. Highest 13th Place Finish Ratio – Leslie Marr (100.00%),
4. Most Fastest Laps –  Ferrari (15),
5. Most 8th Place Qualifications – Maurice Trintignant (4),
6. Most 27th Place Qualifications – Maserati (3),
7. Most 31st Place Qualifications – Maserati (2)
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| Records Extended |
1. Most Drivers' Championship Points Scores – Ferrari (78),
2. Most Podium Finishes – Ferrari (56),
3. Most Retirements – Maserati (83),
4. Most Race Wins – Ferrari (18),
5. Most 2nd Place Finishes – Ferrari (23),
6. Most Fastest Laps – Juan Manuel Fangio (12),
7. Most Races Led – Ferrari (34),
8. Most Laps Led – Ferrari (1182),
9. Most Race Entries – Ferrari (165),
10. Most 2nd Place Qualifications – Ferrari (14),
11. Most 3rd Place Qualifications – Ferrari (18),
12. Most 9th Place Qualifications – Maserati (8),
13. Most 10th Place Qualifications – Maserati (7),
14. Most 16th Place Qualifications – Maserati (11)
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