| Fin | St | Driver | # | Owner | Car | Laps | Money | Status | Laps Led |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 4 | Ted Horn | 1 | Ted Horn | 1947 Horn/Offenhauser | 100 | 2,625 | running | 97 |
| 2 | 14 | Johnnie Parsons | 7 | Kurtis Kraft | 1948 Kurtis 1000 316/Offenhauser | 100 | 1,890 | running | 0 |
| 3 | 1 | Myron Fohr | 32 | Carl Marchese | 1938 Marchese/Offenhauser | 100 | 1,050 | running | 3 |
| 4 | 7 | Rex Mays | 5 | Charles Bowes | 1947 Kurtis/Winfield SC | 100 | 735 | running | 0 |
| 5 | 9 | Charles Van Acker | 4 | Redmer | Stevens/Offenhauser | 100 | 630 | running | 0 |
| 6 | 5 | Tony Bettenhausen | 16 | Murrell Belanger | 1934 Adams/Offenhauser | 100 | 525 | running | 0 |
| 7 | 10 | Bill Sheffler | 53 | Sheffler | Bromme/Offenhauser | 100 | 420 | running | 0 |
| 8 | 19 | Walt Brown | 29 | Lou Rassey | Offenhauser | 100 | 420 | running | 0 |
| 9 | 6 | Johnny Mantz | 98 | J.C. Agajanian | 1948 Kurtis 2000 318/Offenhauser | 97 | 315 | running | 0 |
| 10 | 16 | Hal Robson | 26 | Ross Page | 1946 Kurtis | 90 | 315 | did not finish | 0 |
| 11 | 11 | George Connor | 78 | Schoof | Wetteroth/Offenhauser | 67 | 262 | did not finish | 0 |
| 12 | 20 | Johnny Byrne | 71 | Taylor HAL | Hal | 63 | 262 | did not finish | 0 |
| 13 | 3 | Spider Webb | 51 | Bromme | Bromme/Offenhauser | 59 | 210 | tire | 0 |
| 14 | 15 | Jackie Holmes | 24 | Dreyer | Dreyer | 35 | 210 | did not finish | 0 |
| 15 | 17 | Mike Salay | 38 | Terman's Supply | Wetteroth/Offenhauser | 33 | 210 | did not finish | 0 |
| 16 | 13 | Mel Hansen | 17 | Weirick | Offenhauser | 4 | 210 | did not finish | 0 |
| 17 | 18 | Duke Nalon | 45 | Speedway Cocktail | Lencki/Lencki | 2 | 102 | accident | 0 |
| 18 | 8 | Emil Andres | 8 | Charlie Pritchard | 1948 Kurtis 2000 320/Offenhauser | 2 | 102 | accident | 0 |
| 19 | 12 | Mack Hellings | 59 | Grancor | 1948 Kurtis 2000 321/Offenhauser | 2 | 102 | accident | 0 |
| 20 | 2 | Lee Wallard | 12 | Iddings | Meyer/Offenhauser | 2 | 102 | accident | 0 |
| Ken Fowler | 54 | Offenhauser | 0 | did not qualify | 0 | ||||
| George Lynch | 89 | Jewell | Offenhauser | 0 | did not qualify | 0 | |||
| Paul Craver | 45 | Offenhauser | 0 | did not qualify | 0 |