Bi-43 wt.% Sn eutectic samples were directionally solidified upward with five different growth rates (V = 8.3-164.8 µm/s) at a constant temperature gradient (G = 3.55 K/mm) in a Bridgman type directional solidification furnace. The lamellar spacings (λ) and microhardness values (HV) were measured from the quenched samples; the directionally solidified Bi-43 wt.% Sn eutectic alloy and the minimum undercoolings (∆T) were determined from the Jackson-Hunt eutectic theory. The dependency of lamellar spacings (λ), microhardness (HV) and undercooling (∆T) on the growth rate (V) were analyzed. According to these results, it has been found that the value of λ decreases with the increasing value of V and that the values of HV and ∆T increase for a constant G. The values of λ 2 V, λ∆T and ∆T V -0.5 were determined by using the values of λ, ∆T and V. The results obtained in the present work have been compared with those predicted by the Jackson-Hunt eutectic theory and with similar experimental results.