The 2007 World Sprint Speed Skating Championships were held in Vikingskipet, Hamar, on 20–21 January 2007.

Several of the world's top skaters, including the top two from the 2006 men's and women's standings, did not take part in the competition, while Lee Kang-seok (men), Lee Sang-hwa and Wang Beixing (women), all among the top three in the 500 meter World Cup rankings, did not take part as they are competing in other colliding tournaments.

Three-time world allround champion Anni Friesinger entered for the second time, after winning silver in 2004, and won gold by more than one samalog point, the greatest margin of victory since Monique Garbrecht-Enfeldt's last title in 2003.

Conversely, the men's competition was the closest since Bae Ki-tae won South Korea's first title, in 1990.

The men's title went to a Korean for the third time in the tournament's history.