| Fin | St | Driver | # | Owner | Car | Laps | Money | Status | Laps Led |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 3 | Mauri Rose | 27 | Lou Moore | 1947 Deidt FD/Offenhauser | 200 | 35,125 | running | 34 |
| 2 | 8 | Bill Holland | 16 | Lou Moore | 1947 Deidt FD/Offenhauser | 200 | 31,300 | running | 143 |
| 3 | 1 | Ted Horn | 1 | Cotton Henning | Maserati 8CTF 3032/Maserati SC | 200 | 10,115 | running | 0 |
| 4 | 4 | Herb Ardinger Cliff Bergere | 54 | Lew Welch | 1947 Kurtis FD/Novi SC | 200 | 6,825 | running | 0 |
| 5 | 10 | Jimmy Jackson | 7 | Jim Hussey | 1928 Miller FD 9/Offenhauser | 200 | 5,675 | running | 0 |
| 6 | 20 | Rex Mays | 9 | Charles Bowes | 1947 Kurtis/Winfield SC | 200 | 4,000 | running | 0 |
| 7 | 14 | Walt Brown | 33 | Milt Marion | AlfaRomeo 308 422022/AlfaRomeoSC | 200 | 3,700 | running | 0 |
| 8 | 28 | Cy Marshall | 34 | Tattersfield | AlfaRomeo 8C35 50012/AlfaRomeoSC | 197 | 2,850 | running | 0 |
| 9 | 23 | Fred Agabashian | 41 | Ross Page | 1946 Kurtis/Duray SC | 191 | 2,905 | running | 0 |
| 10 | 27 | Duke Dinsmore Billy DeVore | 10 | William Schoof | Wetteroth/Offenhauser | 167 | 2,310 | running | 0 |
| 11 | 7 | Les Anderson | 58 | Kennedy Tank | Maserati/Offenhauser | 131 | 2,480 | running | 0 |
| 12 | 17 | Pete Romcevich | 59 | Camco Motors | Miller FD/Ford V8 | 167 | 2,360 | oil line | 0 |
| 13 | 30 | Emil Andres George Connor | 3 | Joe Lencki | Lencki/Lencki | 149 | 1,740 | oil line | 0 |
| 14 | 15 | Louis Tomei Frank Wearne | 31 | Superior Industries | Miller/Offenhauser | 128 | 2,020 | accident | 0 |
| 15 | 9 | Ken Fowler | 47 | Don Lee | Alfa Romeo/Alfa Romeo SC | 119 | 2,050 | axle | 0 |
| 16 | 18 | Duke Nalon | 46 | Don Lee | Mercedes W154 189439/Mercedes SC | 119 | 1,945 | piston | 0 |
| 17 | 12 | Roland Free | 28 | Bristow-McManus | 1926 Miller FD 6/Miller SC | 86 | 1,450 | rod | 0 |
| 18 | 25 | Tony Bettenhausen | 29 | Murrell Belanger | 1938 Stevens/Offenhauser | 79 | 1,130 | gear train | 0 |
| 19 | 6 | Russ Snowberger | 25 | Federal Engineering | Maserati 8CTF 3031/Maserati SC | 73 | 1,500 | oil pump | 0 |
| 20 | 16 | Hal Robson | 52 | Dick Palmer | 1934 Marks/Offenhauser | 67 | 1,595 | universal joint | 0 |
| 21 | 2 | Cliff Bergere | 18 | Lew Welch | 1945 Kurtis FD/Novi SC | 63 | 3,815 | piston | 23 |
| 22 | 22 | Joie Chitwood | 8 | Fred Peters | 1939 Wetteroth/Offenhauser | 50 | 1,135 | gears | 0 |
| 23 | 5 | Shorty Cantlon | 24 | Lou Rassey | 1928 Miller FD 11/Miller | 40 | 1,505 | accident | 0 |
| 24 | 26 | Henry Banks | 43 | Federal Engineering | Miller FD/Offenhauser | 36 | 1,250 | lost oil | 0 |
| 25 | 19 | Al Miller | 66 | Tucker | Miller RE4D/Miller | 33 | 1,370 | magneto | 0 |
| 26 | 13 | George Connor | 14 | Ed Walsh | 1940 Kurtis FD/Offenhauser | 32 | 1,465 | fuel leak | 0 |
| 27 | 29 | Mel Hansen | 38 | Flavell-Duffy | Adams/Sparks SC | 31 | 860 | disqualified | 0 |
| 28 | 21 | Paul Russo | 15 | Erwin Wolfe | 1936 Shaw/Offenhauser | 25 | 1,080 | accident | 0 |
| 29 | 24 | Charles Van Acker | 44 | Tucker Partners | Stevens/Lencki | 24 | 800 | accident | 0 |
| 30 | 11 | Milt Fankhauser | 53 | Jack Maurer | 1930 Miller M183 1/Offenhauser | 15 | 1,070 | stalled | 0 |
| Tony Bettenhausen | Joel Thorne | Adams/Sparks SC | 0 | practiced car | 0 | ||||
| Red Byron | 22 | Pauley-Voght | Ford V8 | 0 | practiced car | 0 | |||
| Lewis Durant | 23 | Tommy Boggs | Offenhauser | 0 | practiced car | 0 | |||
| Billy DeVore | 17 | William Schoof | Offenhauser | 0 | practiced car | 0 | |||
| Harry McQuinn | Maserati/Maserati | 0 | practiced car | 0 | |||||
| Louis Tomei | 44 | Miller | Miller FD/Miller SC | 0 | practiced car | 0 | |||
| Louis Tomei | 57 | Mercury | 0 | practiced car | 0 | ||||
| Buddy Rusch | Rassey | Offenhauser | 0 | practiced car | 0 | ||||
| Steve Truchan | 28 | Wetteroth/Miller | 0 | practiced car | 0 | ||||
| Bud Bardowski | Bud Bardowski | 0 | practiced car | 0 | |||||
| George Metzler | 55 | Dixon | Clemons | 0 | practiced car | 0 | |||
| Walt Ader | 6 | Olson | Offenhauser | 0 | practiced car | 0 | |||
| Art Scovell | Rassey | Offenhauser | 0 | practiced car | 0 | ||||
| Johnny Mauro | 64 | Phil Kraft | Miller SC | 0 | practiced car | 0 | |||
| Norm Houser | 69 | Robert Allison | Ford V8 | 0 | practiced car | 0 | |||
| Duane Carter | 32 | Kuehl-Osborne | Studebaker | 0 | practiced car | 0 | |||
| Doc Williams | 54 | Lew Welch | 1947 Kurtis FD/Novi SC | 0 | practiced car | 0 | |||
| Leslie Brooke | 35 | English Racing Automobiles | ERA-E GP-2/ERA SC | 0 | practiced car | 0 | |||
| Jim Brubaker | 86 | Jack Maurer | Maserati/Maserati | 0 | practiced car | 0 | |||
| Zora Arkus-Duntov | 49 | Martin | Talbot-Lago MD 90130/Talbot-Lago | 0 | practiced car | 0 | |||
| George Weaver | 44 | Miller | Miller FD/Miller SC | 0 | practiced car | 0 | |||
| Frank Brisko | Rassey | Offenhauser | 0 | practiced car | 0 | ||||
| Charles Crawford | 67 | Pat Murphy | Duesenberg | 0 | practiced car | 0 | |||
| Sam Grecco | 51 | Grecco | 0 | practiced car | 0 | ||||
| Tommy Boggs | 23 | Tommy Boggs | Offenhauser | 0 | practiced car | 0 |