| Fin | St | Driver | # | Owner | Car | Laps | Money | Status | Laps Led |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 3 | Paul Russo | 7 | Russo-Nichels | 1950 Russo-Nichels/Offenhauser | 100 | 3,250 | running | 3 |
| 2 | 7 | Walt Faulkner | 2 | Agajanian-Grant | Kuzma/Offenhauser | 100 | 2,340 | running | 0 |
| 3 | 6 | Mike Nazaruk | 48 | Deck Manufacturing | Bromme/Offenhauser | 100 | 1,300 | running | 0 |
| 4 | 4 | Tony Bettenhausen | 99 | Murrell Belanger | 1949 Kurtis 327/Offenhauser | 100 | 845 | running | 97 |
| 5 | 16 | Sam Hanks | 39 | Shaheen | Hill/Offenhauser | 100 | 780 | running | 0 |
| 6 | 11 | Manuel Ayulo | 31 | Coast Grain | Lesovsky/Offenhauser | 100 | 650 | running | 0 |
| 7 | 13 | Bill Vukovich | 4 | John Zink | Kurtis/Offenhauser | 100 | 520 | running | 0 |
| 8 | 14 | Duane Carter | 14 | Pat Clancy | Ewing/Offenhauser | 99 | 487 | running | 0 |
| 9 | 10 | Henry Banks | 1 | Hopkins Blue Crown | Moore/Offenhauser | 99 | 455 | running | 0 |
| 10 | 18 | Johnnie Tolan | 76 | Parks | Pawl/Offenhauser | 93 | 423 | running | 0 |
| 11 | 12 | Eddie Johnson | 81 | Central Excavating | Trevis/Offenhauser | 90 | 390 | running | 0 |
| 12 | 17 | Buster Warke | 83 | Warke | Kurtis-Warke/Offenhauser | 85 | 325 | running | 0 |
| 13 | 9 | Neal Carter | 42 | Lutes | Gdula/Offenhauser | 63 | 292 | connecting rod | 0 |
| 14 | 8 | Gordon Reid | 73 | Lee Elkins | 1950 Kurtis 2000 010/Offenhauser | 33 | 260 | stripped gear | 0 |
| 15 | 2 | Joe James | 26 | Bob Estes | 1950 Watson/Offenhauser | 28 | 228 | overheating | 0 |
| 16 | 15 | Johnny Fedricks | 36 | Rassey | Rassey/Offenhauser | 21 | 195 | blown engine | 0 |
| 17 | 1 | Johnny McDowell | 79 | Hart Fullerton | 1951 Kurtis 4000 338/Offenhauser | 20 | 150 | blown engine | 0 |
| 18 | 5 | Gene Force | 69 | Brown Motor Co. | 1948 Kurtis 2000 324/Offenhauser | 6 | 150 | connecting rod | 0 |