| Fin | St | Driver | # | Owner | Car | Laps | Money | Status | Laps Led |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 1 | Juan Manuel Fangio | 16 | Automovil Club Argentina | Ferrari 166C 013/Ferrari | 30 | running | ||
| 2 | 2 | José Froilán González | 10 | Automovil Club Argentina | Ferrari 166C 011/Ferrari | 30 | running | ||
| 3 | Francisco Sacco Landi | 2 | Ferrari 125 04C/Ferrari | 30 | running | ||||
| 4 | Jorge Daponte | 14 | Maserati 4CLT 1600/Maserati | 29 | |||||
| 5 | Eitel Cantoni | 26 | Maserati 4CL/Maserati | 29 | |||||
| 6 | Carlos Menditeguy | 6 | Maserati 4CLT/Maserati | 28 | |||||
| 7 | Asdrúbal Fontes Bayardo | 30 | Maserati 4CLT/Maserati | 28 | |||||
| 8 | Hector Niemitz | 28 | Alfa Romeo 8C-3200/Alfa Romeo | 27 | |||||
| 9 | Rubem Abrumhosa | 22 | Ferrari 125C/Ferrari | 27 | |||||
| 4 | Clemar Bucci | 24 | Alfa Romeo 12C-37 51204/Alfa | 10 | did not finish | ||||
| 10 | Pinheiro Pires | 4 | Talbot-Lago T26C 110008/Talbot | 6 | did not finish | ||||
| 3 | Robert Manzon | 18 | Amédée Gordini | Simca-Gordini T15 0012/Simca | 1 | did not finish | |||
| 5 | Adolfo Schwelm Cruz | 38 | Alfa Romeo 8C-2300/Alfa Romeo | did not finish | |||||
| Alfredo Pián | 32 | Maserati 4CLT/48 1599/Maserati | 19 | did not finish | |||||
| Nello Pagani | 12 | Officine Alfieri Maserati | Maserati A6GCM 2032/Maserati | 5 | did not finish | ||||
| André Simon | 20 | Amédée Gordini | Simca-Gordini T15 0011/Simca | 3 | did not finish | ||||
| Alberto Crespo | 34 | Talbot-Lago T26C 110004/Talbot | 0 | 0 | did not start | 0 | |||
| A. Rodriguez | 36 | Bugatti T35B/Bugatti | 0 | 0 | did not start | 0 | |||
| Francisco Marques | 8 | Maserati 4CL/Maserati | did not finish |