| Fin | St | Driver | # | Owner | Car | Laps | Money | Status | Laps Led |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 1 | Juan Manuel Fangio | 8 | Automóvil Club Argentino | Maserati 4CLT-48 1599/Maserati | 34 | running | 34 | |
| 2 | 15 | Birabongse Bhanudej Bhanubandh | 14 | Enrico Platé | Maserati 4CLT-48 1598/Maserati | 34 | running | 0 | |
| 3 | 3 | Louis Rosier | 6 | Louis Rosier | Talbot-Lago T26C 110001 | 33 | running | 0 | |
| 4 | 4 | Emanuel de Graffenried | 16 | Enrico Platé | Maserati 4CLT-48 1601/Maserati | 33 | running | 0 | |
| 5 | 6 | Guy Mairesse | 28 | Écurie France | Talbot-Lago T26C 110002 | 32 | running | 0 | |
| 6 | 11 | Raymond Sommer | 2 | Raymond Sommer | Talbot-Lago T26C 110009 | 31 | running | 0 | |
| 7 | 9 | Leslie Brooke | 26 | Leslie Brooke | Maserati 4CLT-48 1595 | 31 | running | 0 | |
| 8 | 12 | David Murray | 32 | David Murray | Maserati 4CL 1569 | 30 | running | 0 | |
| 9 | 10 | George Raphaël Béthenod de Montbressieux | 44 | Écurie Mundia Course | Delahaye 135S 46094 | 28 | running | 0 | |
| 10 | 2 | Giuseppe Farina | 12 | Giuseppe Farina | Maserati 4CLT-48 1602/Maserati | 16 | starter motor | 0 | |
| 11 | 5 | Benedicto Campos | 10 | Automóvil Club Argentino | Maserati 4CLT-48 1600/Maserati | 15 | accident | 0 | |
| 12 | 16 | Fred Ashmore | 22 | Reg Parnell | Maserati 4CLT-48 1593/Maserati | 6 | engine | 0 | |
| 13 | 8 | Harry Schell | 40 | Harry Schell | Talbot-Lago T26C MD90130 | 4 | oil pressure | 0 | |
| 7 | Johnny Claes | 18 | Écurie Belge | Talbot-Lago T26C 110011 | 2 | engine | 0 | ||
| 13 | David Hampshire | 30 | David Hampshire | ERA R12B/ERA | 2 | oil pressure | 0 | ||
| 14 | Reg Parnell | 20 | Reg Parnell | Maserati 4CLT-48 1596/Maserati | 2 | engine | 0 | ||
| Raymond Sommer | 2T | Scuderia Ferrari | Ferrari 125 02C | 0 | backup car | 0 |