The speed skating competition at the 2006 Winter Olympics was held at the Oval Lingotto indoor ice rink in Turin . The Italians won 2 gold and 1 bronze on home ice, and these were the first awards for them in speed skating at the Olympic Games in history.
The most successful were the American (7 medals, including 3 gold) and the Netherlands (9 medals, including 3 gold) skaters. 8 medals (2 gold) were won by Canadians.
The 33-year-old Claudia Pechstein from Germany at the Games in Turin brought the number of her Olympic awards to 9, including 5 gold medals on her account. None of the skaters won the medals at the Olympics anymore.
At a distance of 5000 meters, Pekhtayn lost only to her peer, former cyclist Clara Hughes from Canada, who accounted for two bronzes of the 1996 Summer Olympics in Atlanta.
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Medalists
Italics in the team race are those athletes who did not run in the final, but received awards
Men
| Discipline | Gold | Silver | Bronze |
| 500 meters see details | Joey cheek USA | Dmitry Dorofeev Russia | Lee Gang-suk South Korea |
| 1000 meters see details | Shani Davis USA | Joey cheek USA | Erben Vennemars Netherlands |
| 1,500 meters see details | Enrico Fabris Italy | Shani Davis USA | Chad Hedrick USA |
| 5000 meters see details | Chad Hedrick USA | Sven Kramer Netherlands | Enrico Fabris Italy |
| 10,000 meters see details | Bob de jong Netherlands | Chad Hedrick USA | Karl Verheyen Netherlands |
| Team race see details | Italy Matteo Anesi Enrico Fabris Ippolito Sanfratello Stefano Donagrandi | Canada Arne Dankers Stephen Elm Justin Warshylewitz Danny morrison Jason parker | Netherlands Sven Kramer Mark Teutert Karl Verheyen Rintier Ritsma Erben Vennemars |
Women
| Discipline | Gold | Silver | Bronze |
| 500 meters see details | Svetlana Zhurova Russia | Wang Manli China | Ren hui China |
| 1000 meters see details | Marianne Timmer Netherlands | Cindy Klassen Canada | Annie Friesinger Germany |
| 1,500 meters see details | Cindy Klassen Canada | Christina Groves Canada | Irene Wust Netherlands |
| 3000 meters see details | Irene Wust Netherlands | Renate Grunevold Netherlands | Cindy Klassen Canada |
| 5000 meters see details | Clara Hughes Canada | Claudia Pechstein Germany | Cindy Klassen Canada |
| Team race see details | Germany Daniela Anschutz-Toms Annie Friesinger Claudia Pechstein Lucille Opitz Sabine Völker | Canada Christina Groves Clara Hughes Kristin Nesbitt Cindy Klassen Shannon Rempel | Russia Ekaterina Abramova Svetlana Vysokova Ekaterina Lobysheva Varvara Barysheva Galina Likhacheva |