| Rider | Team | Time | |
|---|---|---|---|
| 1. | Fausto COPPI | Bianchi - Pirelli | 2h20'26" |
| 1. | Riccardo FILIPPI | Bianchi - Pirelli | |
| 2. | Louison BOBET | Stella - Wolber - Dunlop | 1'26" |
| 2. | Jacques ANQUETIL | La Perle - Hutchinson | |
| 3. | Fiorenzo MAGNI | Nivea - Fuchs | 2'56" |
| 3. | Donato PIAZZA | Bianchi - Pirelli | |
| 4. | Hugo KOBLET | Cilo | 3'01" |
| 4. | Ferdi KÜBLER | Tebag - Continental | |
| 5. | Giancarlo ASTRUA | Atala - Pirelli | 3'21" |
| 5. | Nino DEFILIPPIS | Torpado - Ursus | |
| 6. | Nello FABBRI | Legnano | 5'06" |
| 6. | Vincenzo ZUCCONELLI | Legnano | |
| 7. | Cleto MAULE | Torpado - Ursus | 5'31" |
| 7. | Aldo MOSER | Torpado - Ursus | |
| 8. | Giorgio ALBANI | Legnano | 7'06" |
| 8. | Franco AUREGGI | Legnano | |
| 9. | Adrie VOORTING | Locomotief - Vredestein | 8'42" |
| 9. | Gerrit VOORTING | Locomotief - Vredestein |
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Race information
Start, finish: Bergamo - Milano
Distance: 108 km
Date: 4 November 1954
Remarks
DNF: BRANKART/IMPANIS
Trofeo Baracchi 1954