| Fin | St | Driver | # | Owner | Car | Laps | Money | Status | Laps Led |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 5 | Walt Faulkner | 2 | Agajanian-Grant | Kuzma/Offenhauser | 200 | 7,077 | running | 75 |
| 2 | 6 | Jack McGrath | 9 | Jack Hinkle | 1951 Kurtis 4000 339/Offenhauser | 200 | 4,247 | running | 0 |
| 3 | 12 | Johnnie Parsons | 3 | Wynn's Friction Proofing | 1950 Kurtis 3000 330/Offenhauser | 200 | 2,831 | running | 0 |
| 4 | 9 | Bill Schindler | 10 | Chapman | 1948 Kurtis 2000 323/Offenhauser | 200 | 2,123 | running | 0 |
| 5 | 20 | Henry Banks | 1 | Hopkins Blue Crown | Moore/Offenhauser | 200 | 1,699 | running | 0 |
| 6 | 8 | Chuck Stevenson | 8 | Bardahl-Marchese | 1938 Marchese/Offenhauser | 196 | 1,415 | running | 0 |
| 7 | 15 | Cliff Griffith | 98 | Sarafoff | 1948 Kurtis 2000 318/Offenhauser | 196 | 1,132 | running | 0 |
| 8 | 1 | Johnny McDowell | 79 | Hart Fullerton | 1951 Kurtis 4000 338/Offenhauser | 195 | 1,062 | running | 0 |
| 9 | 2 | Paul Russo | 7 | Russo-Nichels | 1950 Russo-Nichels/Offenhauser | 192 | 991 | rear end | 125 |
| 10 | 4 | Tony Bettenhausen | 99 | Murrell Belanger | 1949 Kurtis 327/Offenhauser | 187 | 920 | running | 0 |
| 11 | 18 | Jim Rigsby | 33 | Iddings | Meyer/Offenhauser | 186 | 849 | running | 0 |
| 12 | 17 | George Connor | 78 | Bardahl-Tomshe | Silnes/Offenhauser | 183 | 708 | running | 0 |
| 13 | 7 | Jimmy Davies | 76 | Parks | Pawl/Offenhauser | 172 | 637 | fuel pump | 0 |
| 14 | 19 | Johnnie Tolan | 71 | Karl Hall | Stevens/Offenhauser | 161 | 564 | running | 0 |
| 15 | 14 | Joe James | 26 | Bob Estes | 1950 Watson/Offenhauser | 160 | 425 | disqualified | 0 |
| 16 | 10 | Mike Nazaruk | 48 | Deck Manufacturing | Bromme/Offenhauser | 133 | 356 | running | 0 |
| 17 | 21 | Manuel Ayulo | 31 | Coast Grain | Lesovsky/Offenhauser | 112 | 283 | broken axle | 0 |
| 18 | 22 | Duke Dinsmore | 44 | Federal Engineering Detroit | 1950 Kurtis 3000 335/Offenhauser | 81 | 283 | accident | 0 |
| 19 | 13 | Gene Force | 69 | Brown Motor Co. | 1948 Kurtis 2000 324/Offenhauser | 43 | 283 | engine | 0 |
| 20 | 16 | Gordon Reid | 73 | Lee Elkins | 1950 Kurtis 2000 010/Offenhauser | 33 | 283 | magneto | 0 |
| 21 | 3 | Bill Vukovich | 4 | John Zink | Kurtis/Offenhauser | 30 | 142 | connecting rod | 0 |
| 22 | 11 | Andy Linden | 57 | Leitenberger | 1951 Silnes-Sherman/Offenhauser | 22 | 142 | connecting rod | 0 |