Athletics events were held between 20 and 27 July in eleven events.
Track In sprint events (100, 200 and 400 metres), athletes were drawn in 12 heats. The best three of every heat qualified to the quarterfinals, with the best two of each of these advancing. In middle distance events (800 and 1500 metres), athletes were drawn in heats and the best three or four of every heat would qualify to the semifinals, where the best three or six of each then advanced. In the 110 metres hurdles, athletes were drawn in six heats: the best two qualified to the semifinals, and the best three of each semi then advanced to the final.
Juan Leiva,
Guillermo Gutiérrez,
Filemón Camacho, and
Teófilo Davis all competed in two events (Davis with one each in track and field).
Paulino Ferrer contested one event. This was the only Olympic appearance of all five athletes. ;Men's 100 m sprint Two Venezuelans competed in the 100 m sprint event; 19-year-old Juan Leiva and 25-year-old Guillermo Gutiérrez. Leiva competed in heat 6, placing 5th with a time of 11.2 (also recorded as 11.31), not qualifying. ;Men's 400 m sprint Guillermo Gutiérrez was Venezuela's only competitor in the 400 m sprint, where he was more successful. He placed 2nd in heat 6, qualifying with a time of 48.7 (also recorded as 48.82); in the quarterfinals he came 4th in the first group, with a time of 48.6 (also recorded as 48.75), not advancing. He placed 5th in heat 7, with a time of 2:00.00, not qualifying. He placed 7th in heat 1, with a time of 4:18.00, not qualifying. He placed 5th in heat 3 with a time of 15.7 (also recorded as 15.96), not qualifying. He came 5th in heat 4 with a time of 62.1 (or 1:02.1), not qualifying.
Field In jumping events (long, high and triple jump) athletes begin in a pooled qualifying round, where every athlete who achieved the qualifying criteria (7.20 m for long jump, 1.87 m for high jump and 14.55 m for triple jump), or the twelve best performances including ties in the long jump only, advance to the finals. In the final round, athletes have three attempts to clear several ascending mark barriers. In the javelin throw event athletes must achieve 64.00 m in order to qualify for the finals. Three athletes represented Venezuela in field events;
Brígido Iriarte competed in two field events, with Teófilo Davis and Asnoldo Devonish each competing in one. The 1952 Games is the only one these men competed at. ;Men's Long jump The 31-year-old Brígido Iriarte was in Group A for the long jump qualifiers. He fouled his first two jumps and landed 6.82 m on his third, placing 9th in the group and 20th overall, not meeting the qualifying height of 7.20 m. ;Men's Javelin In the javelin, Iriarte placed 13th out of 13 in Group A and 26th of all athletes in qualifying, with a throw of 52.13 m, which he achieved on his first attempt (his other two attempts were at shorter distances each time). He did not qualify. ;Men's High jump Davis is listed in the high jump record as T. S. D. Bell. For the event, the qualifying height was 187 cm, with all athletes who successful jumped this advancing to the final. Davis cleared this on his last attempt, placing 13th in Group A and 27th in qualifying Devonish's coach, Ladislao Lazar, was celebrated in the Venezuelan press for insisting he compete while injured.
Combined ;Men's Decathlon Brígido Iriarte also contested the track and field
decathlon. He placed 12th of the 21 athletes who completed the decathlon (out of 28 competing). In the overall points table, Iriarte was in joint-16th after the first event, the 100 m sprint; after the long jump he moved up to 9th, where he stayed after the shot put. He dropped back down to 16th after the high jump, moving slightly up to 15th after the 400 m sprint. He stayed in 15th after the 110 m hurdles, moving into 14th after the discus and staying there after the pole vault. He then moved up to 13th after the javelin throw and then into 12th after the final event, the 1500 m race. In the individual events, Iriarte ran in heat 4 of the 100 m sprint, coming 2nd in the heat before placing joint-16th in the deciding race. He placed joint-4th in the long jump but 19th in the shot put and joint-22nd in the high jump. He ran in heat 6 of the 400 m sprint, coming 3rd in the heat and then 17th in the final race. In heat 2 of the 110 m hurdles, Iriarte placed 2nd, coming joint-19th in the race. Throwing discus, he came 10th, in the pole vault he was joint-16th, and throwing javelin he was 5th. He ran in heat 3 for the 1500 m race, placing 3rd, and then came 7th in the 1500 m decider. ==Boxing==