| Fin | St | Driver | # | Owner | Car | Laps | Money | Status | Laps Led |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 1 | Tony Bettenhausen | 99 | Murrell Belanger | 1949 Kurtis 327/Offenhauser | 149 | 3,084 | running | 146 |
| 2 | 4 | Sam Hanks | 7 | Russo-Nichels | 1950 Russo-Nichels/Offenhauser | 149 | 2,187 | running | 0 |
| 3 | 7 | Bill Schindler | 17 | Chapman | 1948 Kurtis 2000 323/Offenhauser | 149 | 1,158 | running | 0 |
| 4 | 16 | Henry Banks | 8 | Blue Crown Spark Plug | Moore/Offenhauser | 149 | 836 | running | 0 |
| 5 | 6 | Jack McGrath | 49 | Jack Hinkle | 1950 Kurtis 3000 334/Offenhauser | 149 | 772 | running | 0 |
| 6 | 10 | Walt Faulkner | 98 | J.C. Agajanian | 1948 Kurtis 2000 318/Offenhauser | 643 | running | 0 | |
| 7 | 13 | Duke Dinsmore | 69 | Brown Motor | 1948 Kurtis 2000 324/Offenhauser | 515 | running | 0 | |
| 8 | 12 | Bill Mackey | 52 | Iddings | Meyer/Offenhauser | 482 | running | 0 | |
| 9 | 5 | Cecil Green | 54 | John Zink-Walker | 1950 Kurtis 3000 332/Offenhauser | 450 | running | 0 | |
| 10 | 14 | Ray Knepper | 35 | Bardahl-Schoof | Kurtis-Wetteroth/Offenhauser | 418 | running | 0 | |
| 11 | 17 | Joe James | 45 | Bob Estes | 1950 Watson/Offenhauser | 385 | running | 0 | |
| 12 | 3 | Bobby Ball | 92 | Malloy | Pankratz/Offenhauser | 321 | running | 0 | |
| 13 | 15 | Fred Agabashian | 28 | Wynn's Friction Proofing | 1950 Kurtis 3000 330/Offenhauser | 87 | 289 | piston | 0 |
| 14 | 8 | Jimmy Davies | 22 | Pat Clancy | Ewing/Offenhauser | 73 | 257 | rear end | 3 |
| 15 | 2 | Troy Ruttman | 5 | Mohawk Chieftain | Bromme/Offenhauser | 225 | did not finish | 0 | |
| 16 | 9 | Chuck Stevenson | 2 | Bardahl-Marchese | 1938 Marchese/Offenhauser | 36 | 193 | oil leak | 0 |
| 17 | 11 | George Lynch | 36 | Auto Shippers | Snowberger/Offenhauser | 129 | did not finish | 0 | |
| 18 | 18 | Manuel Ayulo | 44 | Coast Grain | Lesovsky/Offenhauser | 12 | 129 | oil pressure | 0 |