The 1940 VFL Grand Final was an Australian rules football game contested between the Melbourne Football Club and Richmond Football Club, held at the Melbourne Cricket Ground in Melbourne on 28 September 1940. It was the 44th annual Grand Final of the Victorian Football League, staged to determine the premiers for the 1940 VFL season. The match, attended by 70,330 spectators, was won by Melbourne by a margin of 39 points, marking that club's fourth premiership victory.
This was Melbourne's second successive premiership, having defeated Collingwood in the 1939 VFL Grand Final.
| Richmond | |||
| B: | Kevin O'Neill | George Smeaton | Jack Symons |
| HB: | Raymond Steele | Ian Hull | Jack Cotter |
| C: | Alan McDonald | Bernie Waldron | Bert Edwards |
| HF: | Ray Martin | Jack Crane | Laird Smith |
| F: | Bob Bawden | Jack Titus | Dick Harris |
| Foll: | Percy Bentley (c) | Jack Dyer | Jack Quinn |
| Reserve(s): | Leo Merrett | ||
| Coach: | Percy Bentley | ||
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