| Fin | St | Driver | # | Owner | Car | Laps | Money | Status | Laps Led |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 1 | Alberto Ascari | 8 | Scuderia Ferrari | Ferrari 125 02C | 80 | running | 80 | |
| 2 | 8 | Philippe Étancelin | 54 | Philippe Étancelin | Talbot-Lago T26C 110008 | 79 | running | 0 | |
| 3 | 7 | Birabongse Bhanudej Bhanubandh | 6 | Enrico Platé | Maserati 4CLT-48 1598/Maserati | 77 | running | 0 | |
| 4 | 6 | Emanuel de Graffenried | 42 | Enrico Platé | Maserati 4CLT-48 1601/Maserati | 76 | running | 0 | |
| 5 | 4 | Raymond Sommer | 40 | Scuderia Ferrari | Ferrari 125 12C | 75 | running | 0 | |
| 6 | 15 | T. Cuth Harrison | 44 | T. Cuth Harrison | ERA R8C/ERA | 75 | running | 0 | |
| 7 | 24 | Piero Taruffi | 52 | Scuderia Milano | Maserati 4CLT-48 1594/Maserati | 64 | running | 0 | |
| 8 | 16 | Johnny Claes | 50 | Écurie Belge | Talbot-Lago T26 110011 | 63 | running | 0 | |
| 9 | 21 | Henri Louveau | 30 | Scuderia Milano | Maserati 4CLT-48 1580/Maserati | 59 | running | 0 | |
| 10 | 5 | Benedicto Campos | 2 | Automóvil Club Argentino | Maserati 4CLT-48 1599/Maserati | 56 | engine | 0 | |
| 11 | 20 | Eugène Chaboud | 28 | Écurie Lutetia | Delahaye 135S | 51 | overheating | 0 | |
| 12 | 10 | Louis Rosier | 10 | Louis Rosier | Talbot-Lago T26C 110001 | 50 | differential | 0 | |
| 13 | 17 | David Murray | 24 | Reg Parnell | Maserati 4CLT-48 1593/Maserati | 46 | accident | 0 | |
| 14 | 14 | Pierre Levegh | 56 | Pierre Bouillin | Talbot-Lago T26C 110005 | 34 | accident | 0 | |
| 15 | 11 | Franco Rol | 32 | Officine Alfieri Maserati | Maserati 4CLT-48 1604/Maserati | 31 | supercharger | 0 | |
| 16 | 19 | Guy Mairesse | 22 | Écurie France | Talbot-Lago T26 110003 | 29 | suspension | 0 | |
| 17 | 2 | Luigi Villoresi | 34 | Scuderia Ferrari | Ferrari 125 01C | 27 | gear lever | 0 | |
| 18 | 23 | Leslie Brooke | 36 | Leslie Brooke | Maserati 4CLT-48 1595 | 17 | oil pump | 0 | |
| 19 | 3 | Giuseppe Farina | 4 | Scuderia Milano | Maserati 4CLT-48 1602/Maserati | 17 | engine | 0 | |
| 20 | 12 | Felice Bonetto | 16 | Scuderia Ferrari | Ferrari 125 08C | 15 | overheating | 0 | |
| 21 | 18 | Peter Whitehead | 46 | Peter Whitehead | Ferrari 125 10C | 10 | magneto | 0 | |
| 22 | 13 | Reg Parnell | 20 | Reg Parnell | Maserati 4CLT-48 1596/Maserati | 4 | bearings | 0 | |
| 23 | 9 | Clemente Biondetti | 26 | Luigi de Filippis | Maserati 4CLT-48 1603/Maserati | 3 | withdrew | 0 | |
| 24 | 22 | Luigi Platé | 14 | Luigi Platé | Talbot 700 | 2 | engine | 0 | |
| Eugène Chaboud | 28T | Écurie Lutetia | Delage D6 | 0 | backup car | 0 |