| Fin | St | Driver | # | Owner | Car | Laps | Money | Status | Laps Led |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 3 | José Froilán González | 10 | Automovil Club Argentina | Ferrari 166C 011/Ferrari | 20 | running | ||
| 2 | 2 | Francisco Sacco Landi | 2 | Ferrari 125 04C/Ferrari | 20 | running | |||
| 3 | 5 | Francisco Credentino | 22 | Maserati 4CL/Maserati | 19 | 0 | |||
| 4 | 10 | Felice Bonetto Nello Pagani | 12 | Officine Alfieri Maserati | Maserati A6GCS/Maserati | 18 | 0 | ||
| 5 | 6 | Rubem Abrumhosa | 26 | Ferrari 125/Ferrari | 18 | 0 | |||
| 6 | 14 | Pinheiro Pires | 4 | Talbot-Lago T26C 110008/Talbot | 18 | 0 | |||
| 7 | 9 | Rosalvo Mansur | 28 | Maserati 4CL/Maserati | 17 | 0 | |||
| 7 | Felice Bonetto | 14 | Scuderia Milano | Maserati 4CLT 1612/Speluzzi | 3 | did not finish | 0 | ||
| 1 | Juan Manuel Fangio | 16 | Automovil Club Argentina | Ferrari 166C 013/Ferrari | 2 | differential | |||
| 13 | Luigi Gino Bianco | 6 | Maserati 4CL/Maserati | 2 | did not finish | 0 | |||
| 4 | Mário Valentim | 24 | Maserati A6GCS/Maserati | 1 | did not finish | 0 | |||
| 8 | Annuar de Góes Daquer | 18 | Maserati A6GCS/Maserati | did not finish | 0 | ||||
| 11 | João Scaffidi | 32 | Alfa Romeo 8C-3200 | did not finish | 0 | ||||
| 12 | Benedicto Lopes | 20 | Maserati 4CL/Maserati | did not finish | 0 | ||||
| Francisco Marques | 8 | Maserati 4CL/Maserati | 0 | 0 | did not start | 0 | |||
| Manuel de Teffé | 30 | Alfa Romeo 308 50017/Alfa Romeo | 0 | 0 | did not start | 0 |