The oxidation mechanism of vermicular graphite cast iron was studied. The oxidation reaction starts from graphites and diffused slowly. Graphites in vermicular graphite are interconnected, coral-like clusters, providing the main oxidation core and channel. The worm-like graphites on the surface are mostly oxidized and form oxide affected zones. The oxide films are composed of a loose oxide layer with the phases of Fe3O4, Fe2O3, and FeO, and a dense passivation layer with FeO and Fe2SiO4. After oxidation, pearlites in the vermicular graphite cast iron are decomposed into ferrite and cementite at high temperatures.