| Fin | St | Driver | # | Owner | Car | Laps | Money | Status | Laps Led |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 7 | Myron Fohr | 32 | Carl Marchese | 1938 Marchese/Offenhauser | 100 | 2,110 | running | 28 |
| 2 | 5 | Emil Andres | 8 | Charlie Pritchard | 1948 Kurtis 2000 320/Offenhauser | 100 | 1,520 | running | 40 |
| 3 | 3 | Ted Horn | 1 | Ted Horn | 1947 Horn/Offenhauser | 100 | 844 | running | 0 |
| 4 | 16 | Bill Sheffler | 53 | Sheffler | Bromme/Offenhauser | 100 | 591 | running | 0 |
| 5 | 14 | George Connor | 78 | Schoof | Wetteroth/Offenhauser | 100 | 507 | running | 0 |
| 6 | 1 | Hal Robson Lee Wallard | 12 | Iddings | Meyer/Offenhauser | 100 | 422 | running | 0 |
| 7 | 8 | Eddie Zalucki | 49 | Norm Olson | Olson/Offenhauser | 100 | 338 | running | 0 |
| 8 | 18 | Walt Brown | 15 | Fred Peters | 1939 Wetteroth/Offenhauser | 100 | 338 | running | 0 |
| 9 | 4 | Johnny Mantz | 98 | J.C. Agajanian | 1948 Kurtis 2000 318/Offenhauser | 100 | 253 | running | 0 |
| 10 | 2 | Spider Webb | 51 | Bob Estes | Bromme/Offenhauser | 80 | 253 | rear end | 15 |
| 11 | 9 | Mel Hansen | 45 | Speedway Cocktail | Lencki/Lencki | 72 | 211 | steering | 17 |
| 12 | 10 | Charles Van Acker | 4 | Redmer | Stevens/Offenhauser | 65 | 211 | stalled | 0 |
| 13 | 13 | Johnnie Parsons | 7 | Kurtis Kraft | 1948 Kurtis 1000 316/Offenhauser | 50 | 169 | steering | 0 |
| 14 | 6 | Rex Mays | 5 | Charles Bowes | 1947 Kurtis/Winfield SC | 50 | 169 | fuel tank | 0 |
| 15 | 11 | Paul Russo Ted Duncan | 3 | Murrell Belanger | Offenhauser | 45 | 169 | did not finish | 0 |
| 16 | 17 | Mike Salay | 38 | Terman's Supply | Wetteroth/Offenhauser | 35 | 169 | engine | 0 |
| 17 | 15 | Ted Duncan | 27 | Corley | Offenhauser | 28 | 84 | clutch | 0 |
| 18 | 12 | Steve Truchan | 18 | Truchan | Offenhauser | 15 | 84 | engine | 0 |
| Hal Robson | 26 | Kurtis | 0 | did not qualify | 0 | ||||
| Hal Robson | 29 | Offenhauser | 0 | did not qualify | 0 | ||||
| Charlie Rogers | 71 | HAL | 0 | did not qualify | 0 | ||||
| Ken Fowler | 64 | Palmer | Adams/Offenhauser | 0 | did not qualify | 0 | |||
| Jackie Holmes | 22 | Joel Thorne | Adams/Sparks | 0 | did not qualify | 0 | |||
| Jackie Holmes | 24 | Dreyer | 0 | did not qualify | 0 | ||||
| Johnny Byrne | 48 | Johnston | Offenhauser | 0 | did not qualify | 0 |