| Fin | St | Driver | # | Owner | Car | Laps | Money | Status | Laps Led |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 6 | Tony Bettenhausen | 99 | Murrell Belanger | 1949 Kurtis 327/Offenhauser | 100 | 1,875 | running | 93 |
| 2 | 1 | Johnnie Parsons | 3 | Wynn's Friction Proofing | 1950 Kurtis 3000 330/Offenhauser | 100 | 1,350 | running | 0 |
| 3 | 2 | Paul Russo | 7 | Russo-Nichels | 1950 Russo-Nichels/Offenhauser | 100 | 750 | running | 7 |
| 4 | 7 | Walt Faulkner | 2 | Agajanian-Grant | Kuzma/Offenhauser | 100 | 487 | running | 0 |
| 5 | 11 | Sam Hanks | 39 | Shaheen | Hill/Offenhauser | 100 | 450 | running | 0 |
| 6 | 17 | Henry Banks | 1 | Hopkins Blue Crown | Moore/Offenhauser | 100 | 375 | running | 0 |
| 7 | 15 | Bill Vukovich | 4 | John Zink | Kurtis/Offenhauser | 98 | 300 | running | 0 |
| 8 | 13 | Cliff Griffith | 98 | Sarafoff | 1948 Kurtis 2000 318/Offenhauser | 98 | 281 | running | 0 |
| 9 | 5 | Andy Linden | 57 | Leitenberger | 1951 Silnes-Sherman/Offenhauser | 98 | 262 | running | 0 |
| 10 | 12 | Chuck Stevenson | 8 | Bardahl-Marchese | 1938 Marchese/Offenhauser | 97 | 243 | transmission | 0 |
| 11 | 16 | Joe Garson | 77 | Elgin Piston Pin | Stevens/Offenhauser | 95 | 225 | running | 0 |
| 12 | 10 | Bill Schindler | 10 | Chapman | 1948 Kurtis 2000 323/Offenhauser | 94 | 187 | running | 0 |
| 13 | 9 | Jimmy Davies | 76 | Parks | Pawl/Offenhauser | 93 | 168 | running | 0 |
| 14 | 18 | Jim Rigsby | 33 | Iddings | Meyer/Offenhauser | 90 | 150 | running | 0 |
| 15 | 14 | Johnny McDowell | 79 | Hart Fullerton | 1951 Kurtis 4000 338/Offenhauser | 85 | 131 | supercharger | 0 |
| 16 | 3 | Jack McGrath | 9 | Jack Hinkle | 1951 Kurtis 4000 339/Offenhauser | 71 | 112 | bent valve | 0 |
| 17 | 4 | Duane Carter | 14 | Pat Clancy | Ewing/Offenhauser | 46 | 75 | accident | 0 |
| 18 | 8 | Gordon Reid | 73 | Lee Elkins | 1950 Kurtis 2000 010/Offenhauser | 40 | 75 | broken gear | 0 |