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| Date | Sunday 5 September 1954 |
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| Start time | 14:00 |
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| Event |  Italian GP |
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| Circuit | Monza |
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| Event Format | Race of 80 laps |
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| Championship | World Championship |
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| Race number | #8 of 9 in 1954
#40 (of all time) |
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| Laps | 80 |
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| Circuit Perimeter | 6300 m |
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| Race Distance | 6300 × 80 = 504.000 km |
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| Grid Format | 3-3-3-3 |
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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 | Mild, Dry |
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| Entries | 22 |
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| Qualifiers | 21 |
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| Finishers | 12 |
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| Debutants |
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| Milestones | Car 32 – 1st Fastest Lap (Car Number)
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| Records Broken |
1. Most Podium Finishes –  Juan Manuel Fangio (18),
2. Most 10th Place Finishes – Maserati (5),
3. Most 2nd Place Finishes in a Season – Ferrari (7),
4. Most 7th Place Qualifications –  Mike Hawthorn (5),
5. Most 16th Place Qualifications – Peter Collins (3),
6. Most 20th Place Qualifications –  Louis Rosier (3),
7. Most 21st Place Qualifications – Maserati (5),
8. Most 9th Place Qualifications in a Season – Maserati (5),
9. Most 10th Place Qualifications in a Season – Maserati (4)
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| Records Extended |
1. Most Retirements – Maserati (91),
2. Most Podium Finishes – Ferrari (63),
3. Most Drivers' Championship Points Scores – Ferrari (87),
4. Most 2nd Place Finishes – Ferrari (27),
5. Most 3rd Place Finishes – Ferrari (18),
6. Most 5th Place Finishes – Maurice Trintignant (5),
7. Most 8th Place Finishes – Louis Rosier (5),
8. Most 9th Place Finishes – Maserati (6),
9. Highest Race Win Ratio –  Mercedes (26.67%),
10. Highest 2nd Place Finish Ratio – Ferrari (14.84%),
11. Most Retirements in a Season – Maserati (27),
12. Most Fastest Laps – Ferrari (16),
13. Most Races Led – Ferrari (35),
14. Most Races Led – Juan Manuel Fangio (22),
15. Most Laps Led – Ferrari (1223),
16. Most Laps Led – Alberto Ascari (906),
17. Most Race Entries – Ferrari (182),
18. Most Poles – Juan Manuel Fangio (15),
19. Most 2nd Place Qualifications – Ferrari (16),
20. Most 5th Place Qualifications – Ferrari (15),
21. Most 7th Place Qualifications – Ferrari (9),
22. Most 9th Place Qualifications – Maserati (10),
23. Most 10th Place Qualifications – Maserati (8)
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