| Fin | St | Driver | # | Owner | Car | Laps | Money | Status | Laps Led |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 15 | Charles Van Acker | 44 | Tucker Partners | Stevens/Lencki | 100 | 3,624 | running | 4 |
| 2 | 3 | Duke Nalon | 27 | Bill Corley | Wetteroth/Offenhauser | 100 | 2,608 | running | 0 |
| 3 | 16 | Paul Russo | 15 | Ervin Wolfe | 1936 Shaw/Offenhauser | 100 | 1,571 | running | 0 |
| 4 | 2 | Mel Hansen | 33 | Tucker Partners | Lencki/Lencki | 100 | 1,027 | running | 0 |
| 5 | 10 | George Connor | 14 | Ed Walsh | 1940 Kurtis FD/Offenhauser | 98 | 801 | running | 0 |
| 6 | 9 | Ted Horn | 1 | Ted Horn | 1947 Horn/Offenhauser | 96 | 672 | engine | 70 |
| 7 | 14 | Charlie Rogers | 71 | Jewell | Hal | 93 | 550 | running | 0 |
| 8 | 4 | Steve Truchan | 39 | Truchan | Offenhauser | 84 | 550 | running | 0 |
| 9 | 13 | Buddy Rusch | 37 | Mitchell | Offenhauser | 63 | 550 | running | 0 |
| 10 | 8 | Rex Mays | 9 | Charles Bowes | 1947 Kurtis/Winfield | 62 | 550 | running | 0 |
| 11 | 1 | Tony Bettenhausen | 6 | Olson | Offenhauser | 47 | 421 | rod | 0 |
| 12 | 18 | Walt Ader | 41 | Schoof | Wetteroth/Offenhauser | 42 | 421 | valve | 0 |
| 13 | 17 | Jackie Holmes | 25 | Dreyer | Dreyer | 32 | 325 | oil tank | 0 |
| 14 | 11 | Walt Brown | 31 | Auto Shippers | Offenhauser | 31 | 325 | steering | 0 |
| 15 | 7 | Duke Dinsmore | 10 | William Schoof | Wetteroth/Offenhauser | 27 | 292 | connecting rod | 26 |
| 16 | 12 | Myron Fohr | 42 | Carl Marchese | 20 | 291 | connecting rod | 0 | |
| 17 | 6 | Emil Andres | 3 | Murrell Belanger | Offenhauser | 5 | 253 | piston | 0 |
| 18 | 5 | Bill Holland | 8 | Fred Peters | 1939 Wetteroth/Offenhauser | 0 | 223 | rear end | 0 |
| 19 | Milt Fankhauser | 53 | Stevens/Offenhauser | 0 | did not start | 0 | |||
| Sam Hanks | 21 | Adams/Sparks | 0 | did not qualify | 0 | ||||
| Charles Crawford | 59 | Offenhauser | 0 | did not qualify | 0 |