| Fin | St | Driver | # | Owner | Car | Laps | Money | Status | Laps Led |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 5 | Frank Mundy | 99 | E.C. Kiekhaefer | 1953 Chrysler | 100 | 2,908 | running | |
| 2 | 1 | Marshall Teague | 6 | 1954 Hudson Hornet | 100 | 2,036 | running | ||
| 3 | 3 | Sam Hanks | 45 | 1954 Hudson Hornet | 100 | 1,454 | running | ||
| 4 | Chuck Stevenson | E.C. Keikhaefer | 1954 Chrysler | 100 | 1,018 | running | |||
| 5 | Don O'Dell | 1954 Packard | 100 | 727 | running | ||||
| 6 | Don Miller | 1954 Chrysler | 100 | 618 | running | ||||
| 7 | Frank Burany | Harold Steinmann | 1954 Oldsmobile 88 | 100 | 538 | running | |||
| 8 | Norm Nelson | Harold Steinmann | 1954 Oldsmobile 88 | 100 | 523 | running | |||
| 9 | Johnny Mantz | 1954 Mercury | 100 | 516 | running | ||||
| 10 | Cal Niday | 1954 Oldsmobile | 98 | 509 | running | ||||
| 11 | Red Byron | 1954 Hudson | 98 | 400 | running | ||||
| 12 | Les Snow | 1954 Hudson | 98 | 385 | running | ||||
| 13 | Art Lamey | 1954 Nash | 96 | 320 | running | ||||
| 14 | Lowell Henderson | 1953 Oldsmobile | 95 | 305 | running | ||||
| 15 | Walt Faulkner | 1954 Oldsmobile | 95 | 276 | running | ||||
| 16 | Ray Crawford | 1953 Lincoln | 95 | 269 | running | ||||
| 17 | Allen Swenson | 1954 Hudson | 94 | 211 | running | ||||
| 18 | Jim Murray | 1954 Buick | 94 | 204 | running | ||||
| 19 | Pat Flaherty | 1953 Hudson | 93 | 189 | running | ||||
| 20 | Al Baltes | 1952 Hudson | 92 | 174 | running | ||||
| 21 | Clarence LaRue | 1954 Hudson | 91 | 131 | running | ||||
| 22 | Bill Parks | 1954 Ford | 91 | 124 | running | ||||
| 23 | Rodger Ward | 1954 Nash | 91 | 116 | running | ||||
| 24 | Don Dunfee | 1954 Oldsmobile | 91 | 104 | running | ||||
| 25 | James Lewis | 1954 Ford | 90 | 95 | running | ||||
| 26 | Scoop Hauser | 1952 Plymouth | 88 | 87 | running | ||||
| 27 | Norman Welch | 1953 Ford | 88 | 80 | running | ||||
| 28 | Russ Roohr | 1954 Chevrolet | 88 | 80 | running | ||||
| 29 | Bill Hubbard | 1954 Ford | 88 | 73 | running | ||||
| 30 | Gus Ray | 1953 Chevrolet | 87 | 73 | running | ||||
| 31 | Herb Schiller | 1952 Packard | 87 | 20 | running | ||||
| 32 | Lou Figaro | 1954 Hudson | 83 | 20 | running | ||||
| 33 | Ray Butler | 1952 Studebaker | 82 | 20 | running | ||||
| 34 | Elroy Larsen | 1953 Chevrolet | 80 | 20 | running | ||||
| 35 | Charles Livengood | 1954 Mercury | 79 | 20 | running | ||||
| 36 | Jim Caris | 1954 Oldsmobile | 55 | 20 | blown tire | ||||
| 37 | Jim Rathmann | 1954 Oldsmobile | 48 | 20 | wheel bearing | ||||
| 38 | Bill Holland | 1954 Buick | 22 | 20 | accident |