Summary

To rank a set of race times, where the lowest (fastest) time is ranked #1, you can use the RANK function. In the example shown, the formula in D6 is:

=RANK(C6,times,1)

Where times is the named range C6:C13.

Generic formula

=RANK(time,times,1)

Explanation 

You can use the RANK function to rank numeric values. RANK has two modes of operation: ranking values so that the largest value is ranked #1 (order = 0), and ranking values so that the smallest value is #1 (order = 1).

In this case, we are ranking race times. The lowest/fastest value should rank #1, so we set the order argument to 1:

=RANK(C6,times,1)
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Dave Bruns

Hi - I'm Dave Bruns, and I run Exceljet with my wife, Lisa. Our goal is to help you work faster in Excel. We create short videos, and clear examples of formulas, functions, pivot tables, conditional formatting, and charts.