Host City: Sankt Moritz, Switzerland
Venue(s): Suvretta, St. Moritz
Date Started: February 5, 1948
Date Finished: February 5, 1948
Format: Two runs, total time determined placement.
The first skier in the first run was American Gretchen Fraser, followed by Austria's Erika Mahringer, and they placed 1-2 after the first run. Fraser held on in the second run with the second fastest time to win the gold medal by ½-second over Switzerland's Antoinette Meyer, with Mahringer struggling slightly in the second run to place third. Fraser was the first American to win a ski medal in the Olympics, and she also added a silver in the combined in St. Moritz. She had acted as a ski double for Sonja Henie in two films\: Thin Ice (1937) and Sun Valley Serenade (1941). Meyer would later marry Karl Molitor, who won bronze in the men's downhill in 1948. Mahringer would return in 1950 to win two silver medals at the World Championships, in the downhill and slalom. Her daughter, Nicola Spieß, would compete in Alpine skiing at the 1976 Winter Olympics.
|1||Gretchen Fraser||28||United States||USA||Gold||1:57.2|
|8||Andrea Mead-Lawrence||15||United States||USA||2:08.8|
|9||Brynhild Grasmoen||19||United States||USA||2:09.6|
|11||Paula Kann||25||United States||USA||2:09.8|
|14T||Laila Schou Nilsen||28||Norway||NOR||2:11.5|
|21||Sheena Mackintosh||19||Great Britain||GBR||2:30.9|
|23||Isobel Roe||31||Great Britain||GBR||2:49.6|
|24||Biddy Duke-Woolley||32||Great Britain||GBR||2:53.7|
|AC||Bunty Greenland||35||Great Britain||GBR||DNF|