| Fin | St | Driver | # | Owner | Car | Laps | Money | Status | Laps Led |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 5 | Ted Horn | 1 | Ted Horn | 1947 Horn/Offenhauser | 92 | 2,230 | running | 31 |
| 2 | 3 | Bill Holland | 8 | Fred Peters | 1939 Wetteroth/Offenhauser | 92 | 1,593 | running | 36 |
| 3 | 11 | Charles Van Acker | 44 | Tucker Partners | Stevens/Lencki | 88 | 955 | running | 0 |
| 4 | 7 | Tony Bettenhausen | 15 | Erwin Wolfe | 1936 Shaw/Offenhauser | 88 | 637 | running | 0 |
| 5 | 4 | George Connor | 14 | Ed Walsh | 1940 Kurtis FD/Offenhauser | 86 | 477 | running | 0 |
| 6 | 13 | Emil Andres | 71 | Jewell | Hal | 78 | 318 | running | 0 |
| 7 | 15 | Billy DeVore | 27 | Andrews | Wetteroth/Offenhauser | 77 | 397 | running | 0 |
| 8 | 2 | Duke Dinsmore | 10 | Schoof | Wetteroth/Offenhauser | 77 | 318 | running | 0 |
| 9 | 9 | Milt Fankhauser | 53 | Fankhauser | 1930 Miller M183 1/Offenhauser | 76 | 318 | running | 0 |
| 10 | 6 | Walt Ader | 41 | Schoof | Wetteroth/Offenhauser | 72 | 318 | running | 0 |
| 11 | 10 | Eddie Zalucki | 25 | Dreyer | Dreyer | 72 | 239 | running | 0 |
| 12 | 14 | Paul Russo | 4 | Paul Weirick | 1933 Adams/Offenhauser | 34 | 338 | engine | 0 |
| 13 | 1 | Walt Brown | 31 | Lou Rassey | Offenhauser | 23 | 179 | universal joint | 23 |
| 14 | 8 | Buddy Rusch | 37 | Mitchell | Offenhauser | 20 | 179 | did not finish | 0 |
| 15 | 12 | Rex Mays | 9 | Charles Bowes | 1947 Kurtis/Winfield | 4 | 158 | clutch | 0 |