Speed skating at the 1968 Winter Olympics – Men's 500 metres
The men's 500 metres in speed skating at the 1968 Winter Olympics took place on 14 February, at the L'Anneau de Vitesse.Records
Prior to this competition, the existing world and Olympic records were as follows:Results
| Rank | Athlete | Country | Time |
| Erhard Keller | | 40.3 |
| Terry McDermott | | 40.5 |
| Magne Thomassen | | 40.5 |
| 4 | Yevgeny Grishin | | 40.6 |
| 5 | Neil Blatchford | | 40.7 |
| 5 | Arne Herjuaune | | 40.7 |
| 5 | John Wurster | | 40.7 |
| 8 | Seppo Hänninen | | 40.8 |
| 8 | Håkan Holmgren | | 40.8 |
| 8 | Keiichi Suzuki | | 40.8 |
| 11 | Herbert Höfl | | 41.0 |
| 11 | Anatoly Lepyoshkin | | 41.0 |
| 13 | Roar Grønvold | | 41.1 |
| 13 | Ard Schenk | | 41.1 |
| 15 | Hasse Börjes | | 41.2 |
| 15 | Heike Hedlund | | 41.2 |
| 15 | Masaki Suzuki | | 41.2 |
| 18 | Valery Muratov | | 41.4 |
| 19 | John Tipper | | 41.5 |
| 19 | Gerd Zimmermann | | 41.5 |
| 21 | Tom Gray | | 41.6 |
| 21 | Valery Kaplan | | 41.6 |
| 23 | Kimmo Koskinen | | 41.7 |
| 24 | Manne Lavås | | 41.8 |
| 25 | Bob Boucher | | 42.0 |
| 26 | Otmar Braunecker | | 42.1 |
| 26 | Elio Locatelli | | 42.1 |
| 26 | Geoff Stockdale | | 42.1 |
| 29 | Johan Lind | | 42.3 |
| 30 | Peter Nottet | | 42.4 |
| 31 | Mihály Martos | | 42.5 |
| 31 | Günter Traub | | 42.5 |
| 33 | Tamio Dejima | | 42.6 |
| 33 | Jouko Launonen | | 42.6 |
| 33 | Kees Verkerk | | 42.6 |
| 33 | Pete Williamson | | 42.6 |
| 37 | Takayuki Hida | | 42.9 |
| 38 | Luvsanlkhagvyn Dashnyam | | 43.0 |
| 38 | György Martos | | 43.0 |
| 40 | Olavi Hjellman | | 43.1 |
| 41 | Colin Coates | | 43.3 |
| 41 | Bob Hodges | | 43.3 |
| 43 | Ruedi Uster | | 43.6 |
| 44 | Hansruedi Widmer | | 43.7 |
| 45 | Michel Thépénier | | 43.8 |
| 46 | François Perrenoud | | 44.1 |
| - | David Bodington | | DNF |
| - | Jan Bols | | DNF |
