| Fin | St | Driver | # | Owner | Car | Laps | Money | Status | Laps Led |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 13 | Johnnie Parsons | 3 | Wynn's Friction Proofing | 1951 Kurtis 4000 342/Offenhauser | 150 | 2,500 | running | 21 |
| 2 | 2 | Tony Bettenhausen | 99 | Murrell Belanger | 1949 Kurtis 327/Offenhauser | 150 | 1,800 | running | 98 |
| 3 | 9 | Henry Banks | 1 | Hopkins Blue Crown | Moore/Offenhauser | 150 | 1,000 | running | 0 |
| 4 | 4 | Neal Carter | 28 | Lutes | 1951 Kurtis 4000 344/Offenhauser | 149 | 650 | running | 0 |
| 5 | 3 | Andy Linden | 57 | Leitenberger | 1951 Silnes-Sherman/Offenhauser | 149 | 600 | running | 0 |
| 6 | 12 | Gene Force | 69 | Brown Motor Co. | 1948 Kurtis 2000 324/Offenhauser | 147 | 500 | running | 0 |
| 7 | 5 | Jim Rigsby | 26 | Bob Estes | 1950 Watson/Offenhauser | 147 | 400 | running | 8 |
| 8 | 11 | Jimmy Davies | 76 | Parks | Pawl/Offenhauser | 146 | 375 | running | 0 |
| 9 | 10 | Bill Schindler | 10 | Chapman | 1948 Kurtis 2000 323/Offenhauser | 146 | 350 | running | 0 |
| 10 | 15 | Duane Carter | 14 | Pat Clancy | Ewing/Offenhauser | 144 | 325 | running | 0 |
| 11 | 18 | Manuel Ayulo | 31 | Coast Grain | Lesovsky/Offenhauser | 144 | 300 | running | 0 |
| 12 | 8 | Fred Agabashian | 2 | Agajanian-Grant | Kuzma/Offenhauser | 138 | 250 | running | 0 |
| 13 | 14 | Bobby Ball | 79 | Hart Fullerton | 1951 Kurtis 4000 338/Offenhauser | 137 | 225 | running | 0 |
| 14 | 16 | Gordon Reid | 73 | Lee Elkins | 1950 Kurtis 2000 010/Offenhauser | 137 | 200 | running | 0 |
| 15 | 17 | Mike Nazaruk | 48 | Deck Manufactring | Bromme/Offenhauser | 102 | 175 | magneto | 0 |
| 16 | 6 | Paul Russo | 7 | Russo-Nichels | 1950 Russo-Nichels/Offenhauser | 72 | 150 | crankcase | 0 |
| 17 | 7 | Rodger Ward | 71 | Karl Hall | Stevens/Offenhauser | 43 | 100 | loose bearings | 0 |
| 18 | 1 | Jack McGrath | 9 | Jack Hinkle | 1951 Kurtis 4000 339/Offenhauser | 23 | 100 | piston | 23 |