| Fin | St | Driver | # | Owner | Car | Laps | Money | Status | Laps Led |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Juan Manuel Fangio | 34 | Automóvil Club Argentino | Ferrari 166C | 80 | running | |||
| 2 | Felice Bonetto | 38 | Scuderia Ferrari | Ferrari 166C | 80 | running | |||
| 3 | Alberto Ascari | 12 | Scuderia Ferrari | Ferrari 166C | 79 | running | |||
| 4 | Francisco Sacco Landi | 14 | Scuderia Ferrari | Ferrari 166C | 79 | running | |||
| 5 | Franco Cortese | 18 | Franco Cortese | Ferrari 166C | 78 | running | |||
| 6 | Piero Carini | 10 | Piero Carini | Maserati A6GCS | 75 | running | |||
| 7 | Hans Stuck | 44 | AFM | AFM 1/BMW | 72 | running | |||
| 8 | Francesco Nissotti | 26 | Francesco Nissotti | Stanguellini/Fiat | 67 | running | |||
| 9 | Giampiero Bianchetti | 42 | Giampiero Bianchetti | Ferrari 166C | 61 | did not finish | |||
| 10 | Oscar B. Moore | 46 | Oscar B. Moore | OBM/BMW | 46 | did not finish | |||
| 11 | Gianfranco Comotti | 16 | Gianfranco Comotti | Maserati A6GCS | 44 | did not finish | |||
| 12 | Giovanni Minozzi | 24 | Giovanni Minozzi | Maserati A6GCS | 22 | did not finish | |||
| 13 | 1 | Luigi Villoresi | 30 | Scuderia Ferrari | Ferrari 166C | 18 | did not finish | ||
| 14 | Clemente Biondetti | 22 | Clemente Biondetti | Maserati A6GCS | 11 | did not finish | |||
| 15 | Franco Mosters | 40 | Franco Mosters | Ferrari 166C | 8 | did not finish | |||
| 16 | Alexander Orley | 28 | Equipe Belge | Veritas Monoposto/BMW | 7 | did not finish | |||
| 17 | Hans Frey | 32 | Hans Frey | BMW 328 | 5 | did not finish | |||
| 18 | Edoardo Tenaglia | 6 | Edoardo Tenaglia | Maserati A6GCS | 4 | did not finish | |||
| 19 | Bruno Sterzi | 20 | Bruno Sterzi | Ferrari 166C | 0 | did not start | 0 |