| Fin | St | Driver | # | Owner | Car | Laps | Money | Status | Laps Led |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 1 | Tony Bettenhausen | 99 | Murrell Belanger | 1949 Kurtis 327/Offenhauser | 100 | 1,800 | running | 100 |
| 2 | 7 | Neal Carter | 39 | Shaheen | Hill/Offenhauser | 100 | 1,275 | running | 0 |
| 3 | 3 | Chuck Stevenson | 2 | Bardahl-Marchese | 1938 Marchese/Offenhauser | 100 | 675 | running | 0 |
| 4 | 2 | Fred Agabashian | 48 | Wynn's Friction Proofing | 1950 Kurtis 3000 330/Offenhauser | 100 | 488 | running | 0 |
| 5 | 15 | Cecil Green | 54 | John Zink | 1950 Kurtis 3000 332/Offenhauser | 100 | 450 | running | 0 |
| 6 | 4 | Paul Russo | 7 | Russo-Nichels | 1950 Russo-Nichels/Offenhauser | 100 | 375 | running | 0 |
| 7 | 16 | Ray Knepper | 86 | Bardahl-Schoof | Wetteroth/Offenhauser | 100 | 300 | running | 0 |
| 8 | 11 | Jimmy Davies | 22 | Pat Clancy | Ewing/Offenhauser | 100 | 281 | running | 0 |
| 9 | 14 | Mack Hellings | 15 | Carmine Tuffanelli | 1949 Kurtis 2000 008/Offenhauser | 98 | 262 | running | 0 |
| 10 | 12 | Walt Brown | 4 | Carmine Tuffanelli | 1949 Kurtis 2000 009/Offenhauser | 97 | 244 | running | 0 |
| 11 | 17 | Duke Dinsmore | 69 | Brown Motor | 1948 Kurtis 2000 324/Offenhauser | 97 | 225 | running | 0 |
| 12 | 10 | Walt Faulkner | 98 | J.C. Agajanian | 1948 Kurtis 2000 318/Offenhauser | 93 | 188 | running | 0 |
| 13 | 18 | George Connor | 55 | Bowes Seal Fast | Lesovsky/Offenhauser | 89 | 169 | exhaust pipe | 0 |
| 14 | 8 | Jack McGrath | 49 | Jack Hinkle | 1950 Kurtis 3000 334/Offenhauser | 77 | 150 | did not finish | 0 |
| 15 | 9 | Bill Schindler | 5 | Mohawk Chieftain | Bromme/Offenhauser | 43 | 131 | rear housing | 0 |
| 16 | 6 | Johnny Fedricks | 47 | Gdula | Gdula/Offenhauser | 21 | 112 | did not finish | 0 |
| 17 | 13 | Joe James | 45 | Bob Estes | 1950 Watson/Offenhauser | 15 | 75 | did not finish | 0 |
| 18 | 5 | Henry Banks | 8 | Blue Crown Spark Plug | Moore/Offenhauser | 12 | 75 | steering | 0 |