| Event: | Men's 500 metres speed skating |
| Games: | 1960 Winter |
| Venue: | Squaw Valley Olympic Skating Rink |
| Date: | 26 February 1960 |
| Competitors: | 48 |
| Nations: | 16 |
| Win Value: | 2:10.4 |
| Gold: | Roald Aas |
| Goldnoc: | NOR |
| Gold2: | Yevgeny Grishin |
| Goldnoc2: | URS |
| Bronze: | Boris Stenin |
| Bronzenoc: | URS |
| Prev: | 1956 |
| Next: | 1964 |
The 1500 metres speed skating event was part of the speed skating at the 1960 Winter Olympics programme. The competition was held on the Squaw Valley Olympic Skating Rink and for the first time at the Olympics on artificially frozen ice. It was held on Friday, February 26, 1960. Forty-eight speed skaters from 16 nations competed.[1]
| no silver awarded as there was a tie for gold |
These were the standing world and Olympic records (in minutes) prior to the 1960 Winter Olympics.
| World record | 2:06.3(*) |  Juhani Järvinen | Squaw Valley/Squaw Valley Olympic Skating Rink (USA) | March 1, 1959 |
|---|---|---|---|---|
| Olympic record | 2:08.6(**) | Yevgeny Grishin | Cortina d'Ampezzo/Lake Misurina (ITA) | January 30, 1956 |
| 2:08.6(**) | Yuri Mikhaylov | Cortina d'Ampezzo/Lake Misurina (ITA) | January 30, 1956 |
(*) The record was set in a high altitude venue (more than 1000 metres above sea level) and on artificially frozen ice.
(**) The record was set in a high altitude venue (more than 1000 metres above sea level) and on naturally frozen ice.
Yevgeny Grishin who was the first speed skater to defend his 500 metres Olympic title was also able to repeat his win in the 1500 metres event. In 1956 he shared the win with fellow countryman Yuri Mikhaylov. This time Grishin tied with Roald Aas. Grishin was the second speed skater to win two gold medals in 1500 metres competitions after Clas Thunberg won in 1924 and 1928.
| Place | Speed skater | Time | |
|---|---|---|---|
| 1 | 2:10.4 | ||
| 2:10.4 | |||
| 3 | 2:11.5 | ||
| 4 | 2:12.0 | ||
| 5 | 2:13.1 | ||
| 2:13,1 | |||
| 7 | 2:13,1 | ||
| 8 | 2:13.3 | ||
| 9 | 2:13.6 | ||
| 10 | 2:14.2 | ||
| 11 | 2:14.5 | ||
| 12 | 2:14.7 | ||
| 13 | 2:15.8 | ||
| 14 | 2:16.1 | ||
| 15 | 2:16.5 | ||
| 2:16.5 | |||
| 17 | 2:17.7 | ||
| 18 | 2:18.3 | ||
| 2:18.3 | |||
| 20 | Align=left | 2:18.6 | |
| 21 | 2:18.7 | ||
| 22 | 2:18.9 | ||
| 23 | 2:19.2 | ||
| 24 | 2:19.4 | ||
| 25 | 2:19.6 | ||
| 26 | 2:19.9 | ||
| 27 | 2:20.6 | ||
| 28 | 2:21.1 | ||
| 29 | 2:21.7 | ||
| 2:21.7 | |||
| 31 | 2:22.1 | ||
| 2:22.1 | |||
| 33 | 2:22.6 | ||
| 34 | 2:23.0 | ||
| 35 | 2:23.1 | ||
| 36 | 2:23.5 | ||
| 37 | 2:23.8 | ||
| 38 | 2:24.8 | ||
| 39 | 2:24.9 | ||
| 40 | 2:25.0 | ||
| 41 | 2:25.3 | ||
| 42 | 2:26.7 | ||
| 43 | 2:28.4 | ||
| 44 | 2:30.7 | ||
| 45 | 2:35.3 | ||
| — | DNF | ||
| DNF | |||
| DNF |