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| Date | Sunday 4 August 1974 |
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| Start time | 14:00 |
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| Event | German GP |
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| Circuit | Nürburgring |
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| Event Format | Race of 14 laps |
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| Race | 20 of 29 |
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| Championship race | 246 |
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| Laps | 14 |
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| Circuit Perimeter | 22835 m |
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| Race Distance | 22835 × 14 = 319.690 km |
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| Grid Format | 2-2-2-2 |
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| Pole Position | Left |
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| First Corner | Left |
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| Track Direction | Clockwise |
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| Weather | Overcast, Showers |
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| Entries | 31 |
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| Qualifiers | 26 |
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| Finishers | 15 |
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| Championship Debutants |
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| Milestones | Duckhams - 50th Race Entry (Lubricant Manufacturer)
Embassy Racing with Graham Hill - 20th Race Entry (Entrant)
Goodyear - 1000th Race Entry (Tyre Manufacturer)
Guy Edwards - 10th Race Entry (Driver)
Hans-Joachim Stuck - 10th Race Entry (Driver)
John Player Team Lotus - 75th Race Entry (Entrant)
Mike Hailwood - 50th Race Entry (Driver)
UOP - 25th Race Entry (Lubricant Manufacturer)
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| Records Broken |
1. Most 2nd Fastest Laps – Ferrari (16),
2. Most 4th Fastest Laps – Lotus (10),
3. Most 2nd Fastest Laps in a Season – Ferrari (5),
4. Most 6th Fastest Laps in a Season – Mike Hailwood (3),
5. Most Poles – Ferrari (68),
6. Most 24th Place Qualifications in a Season – Henri Pescarolo (3)
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| Records Extended |
1. Most Constructors' Championship Points Scores – Ferrari (183),
2. Most Drivers' Championship Points Scores – Ferrari (315),
3. Most Podium Finishes – Ferrari (206),
4. Most 12th Place Finishes – Brabham (16),
5. Highest 2nd Place Finish Ratio – Tyrrell (15.89%),
6. Most Races Led – Ferrari (146),
7. Most Race Entries – Ferrari, Lotus (667),
8. Most Race Entries – Graham Hill (171),
9. Most 2nd Place Qualifications – Ferrari (67),
10. Most 7th Place Qualifications – Denny Hulme (12),
11. Most 17th Place Qualifications – Brabham (29),
12. Most 23rd Place Qualifications – March (12)
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