AbstractTwo seismic refraction lines were acquired along and across the extinct Labrador Sea spreading center during the Seismic Investigations off Greenland, Newfoundland and Labrador 2009 cruise. We derived two P wave velocity models using both forward modeling (RAYINVR) and traveltime tomography inversion (Tomo2D) with good ray coverage down to the mantle. Slow‐spreading Paleocene oceanic crust has a thickness of 5 km, while the Eocene crust created by ultraslow spreading is as thin as 3.5 km. The upper crustal velocity is affected by fracturation due to a dominant tectonic extension during the waning stage of spreading, with a velocity drop of 0.5 to 1 km/s when compared to Paleocene upper crustal velocities (5.2–6.0 km/s). The overall crustal structure is similar to active ultraslow‐spreading centers like the Mohns Ridge or the South West Indian Ridge with lower crustal velocities of 6.0–7.0 km/s. An oceanic core complex is imaged on a 50 km long segment of the ridge perpendicular line with serpentinized peridotites (7.3–7.9 km/s) found 1.5 km below the basement. The second, ridge‐parallel line also shows extremely thin crust in the extinct axial valley, where 8 km/s mantle velocity is imaged just 1.5 km below the basement. This thin crust is interpreted as crust formed by ultraslow spreading, which was thinned by tectonic extension.