| Fin | St | Driver | # | Owner | Car | Laps | Money | Status | Laps Led |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 1 | Luigi Villoresi | 17 | Scuderia Milano | Maserati 4CLT 1586/Maserati | 50 | running | 20 | |
| 2 | 2 | Oscar Alfredo Gálvez | 14 | Alfa Romeo 308 50017 | 50 | running | 23 | ||
| 3 | 15 | George Raphaël Béthenod de Montbressieux | 8 | Écurie Naphtra Course | Alfa Romeo 308 | 48 | running | 0 | |
| 4 | 10 | Pablo Pessatti | 20 | Maserati 6CM | 47 | running | 0 | ||
| 5 | 11 | Carlos Fortunati | 19 | Maserati 4CL | 47 | running | 0 | ||
| 6 | 8 | Benedicto Campos | 21 | Écurie Naphtra Course | Maserati 4CL 1588 | 45 | running | 0 | |
| 7 | 13 | Vittorio Rosa | 18 | Maserati 4CL | 41 | running | 0 | ||
| 8 | 4 | Achille Varzi | 15 | Alfa Romeo 312C-37 51204 | 37 | electrical | 7 | ||
| 9 | 7 | Juan Manuel Fangio | 11 | Amédée Gordini | Simca-Gordini T11 04GC | 31 | running | 0 | |
| 5 | Pascal Puopolo | 7 | Maserati 8CL 3034 | 19 | accident | 0 | |||
| 3 | Giuseppe Farina | 16 | Scuderia Milano | Maserati 8CL 3035/Maserati | 17 | fuel tank | 0 | ||
| 14 | Andres Fernández | 1 | Maserati 6CM | 6 | did not finish | 0 | |||
| 6 | Francisco Sacco Landi | 12 | Alfa Romeo 308 | did not finish | 0 | ||||
| 9 | Italo Bizio | 10 | Alfa Romeo 8C-2900A | did not finish | 0 | ||||
| 12 | Adriano Malusardi | 24 | Alfa Romeo 308B | did not finish | 0 | ||||
| 16 | Eitel Cantoni | 5 | Maserati 4CL | fire | 0 |