| Fin | St | Driver | # | Owner | Car | Laps | Money | Status | Laps Led |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 4 | Jimmy Davies | 22 | Pat Clancy | Ewing/Offenhauser | 100 | 2,400 | running | 20 |
| 2 | 2 | Tony Bettenhausen | 99 | Murrell Belanger | 1949 Kurtis 327/Offenhauser | 100 | 1,700 | running | 80 |
| 3 | 6 | Johnnie Parsons | 1 | Jim Robbins | 1948 Kurtis 1000 316/Offenhauser | 100 | 900 | running | 0 |
| 4 | 14 | Chuck Stevenson | 2 | Bardahl-Marchese | 1938 Marchese/Offenhauser | 100 | 650 | running | 0 |
| 5 | 7 | Walt Faulkner | 98 | J.C. Agajanian | 1948 Kurtis 2000 318/Offenhauser | 100 | 600 | running | 0 |
| 6 | 9 | Cecil Green | 54 | John Zink | 1950 Kurtis 3000 332/Offenhauser | 100 | 500 | running | 0 |
| 7 | 12 | Duke Nalon | 5 | Mohawk Chieftain | Bromme/Offenhauser | 100 | 400 | running | 0 |
| 8 | 5 | Bill Mackey | 52 | Iddings | Meyer/Offenhauser | 99 | 375 | running | 0 |
| 9 | 15 | Jack McGrath | 49 | Jack Hinkle | 1950 Kurtis 3000 334/Offenhauser | 98 | 350 | running | 0 |
| 10 | 16 | Rodger Ward | 63 | Esmeralda | 1948 Kurtis 2000 317/Offenhauser | 98 | 325 | running | 0 |
| 11 | 10 | Mack Hellings | 15 | Carmine Tuffanelli | 1949 Kurtis 2000 008/Offenhauser | 96 | 300 | running | 0 |
| 12 | 3 | Henry Banks | 8 | Blue Crown Spark Plug | Moore/Offenhauser | 91 | 250 | running | 0 |
| 13 | 17 | Ray Knepper | 35 | Bardahl-Schoof | Kurtis-Wetteroth/Offenhauser | 66 | 225 | did not finish | 0 |
| 14 | 13 | George Lynch | 36 | Auto Shippers | Snowberger/Offenhauser | 60 | 200 | did not finish | 0 |
| 15 | 1 | Bobby Ball | 92 | Malloy | Pankratz/Offenhauser | 13 | 175 | crankshaft | 0 |
| 16 | 8 | Paul Russo | 7 | Russo-Nichels | 1950 Russo-Nichels/Offenhauser | 9 | 150 | accident | 0 |
| 17 | 18 | Troy Ruttman | 55 | Bowes Seal Fast | Lesovsky/Offenhauser | 9 | 100 | accident | 0 |
| 18 | 11 | Duke Dinsmore | 69 | Brown Motor | 1948 Kurtis 2000 324/Offenhauser | 9 | 100 | accident | 0 |