| January 31|
| 42 from 15 nations|
| St. Moritz Olympic Ice Rink|
St. Moritz Olympic Ice Rink
The 500 metres speed skating event was part of the speed skating at the 1948 Winter Olympics programme. The competition was held on Saturday, January 31, 1948.
Forty-two speed skaters from 15 nations competed.
Speed skating at the 1948 Winter Olympics – Men's 500 metres Wikipedia
These were the standing world and Olympic records (in seconds) prior to the 1948 Winter Olympics.
(*) The record was set in a high altitude venue (more than 1000 metres above sea level) and on naturally frozen ice.
(**) This time was set in packstyle format, having all competitors skate at the same time.
Five speed skaters were faster than the standing Olympic record. Finn Helgesen set a time of 43.1 seconds.