| Fin | St | Driver | # | Owner | Car | Laps | Money | Status | Laps Led |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 4 | Bill Holland | 7 | Blue Crown Spark Plug | Deidt FD/Offenhauser | 200 | 51,575 | running | 146 |
| 2 | 12 | Johnnie Parsons | 12 | Kurtis Kraft | 1948 Kurtis 1000 316/Offenhauser | 200 | 18,250 | running | 0 |
| 3 | 6 | George Connor | 22 | Blue Crown Spark Plug | Lesovsky/Offenhauser | 200 | 11,675 | running | 0 |
| 4 | 13 | Myron Fohr | 2 | Carl Marchese | Marchese/Offenhauser | 200 | 8,575 | running | 0 |
| 5 | 16 | Joie Chitwood | 77 | Wolfe | 1948 Kurtis 2000 323/Offenhauser | 200 | 6,950 | running | 0 |
| 6 | 7 | Jimmy Jackson | 61 | Howard Keck | Deidt FD/Offenhauser | 200 | 5,625 | running | 0 |
| 7 | 9 | Johnny Mantz | 98 | J.C. Agajanian | 1948 Kurtis 2000 318/Offenhauser | 200 | 4,690 | running | 0 |
| 8 | 19 | Paul Russo | 19 | Carmine Tuffanelli | 1949 Kurtis 2000 324A/Offenhauser | 200 | 4,940 | running | 0 |
| 9 | 32 | Walt Brown Emil Andres | 9 | Carmine Tuffanelli | 1949 Kurtis 2000 324B/Offenhauser | 197 | 4,420 | running | 0 |
| 10 | 24 | Norm Houser | 71 | Troy Oil Co. | Langley/Offenhauser | 181 | 4,075 | running | 0 |
| 11 | 21 | Jim Rathmann | 68 | Pioneer Auto Repair | Wetteroth/Offenhauser | 175 | 3,195 | running | 0 |
| 12 | 18 | Troy Ruttman | 64 | Ray Carter | Wetteroth/Offenhauser | 151 | 3,150 | running | 0 |
| 13 | 10 | Mauri Rose | 3 | Blue Crown Spark Plug | Deidt FD/Offenhauser | 192 | 2,605 | magneto strap | 0 |
| 14 | 5 | Duane Carter | 17 | Belanger Motors | Stevens/Offenhauser | 182 | 2,610 | steering | 0 |
| 15 | 15 | Duke Dinsmore | 29 | Norm Olson | Olson/Offenhauser | 174 | 2,565 | radius rod | 0 |
| 16 | 14 | Mack Hellings | 8 | Tommy Lee | 1948 Kurtis 2000 319/Offenhauser | 172 | 2,570 | valve | 0 |
| 17 | 22 | Bill Sheffler | 4 | Sheffler | Bromme/Offenhauser | 160 | 2,175 | rod | 0 |
| 18 | 28 | Johnny McDowell | 32 | Iddings | Meyer/Offenhauser | 142 | 2,005 | magneto | 0 |
| 19 | 11 | Hal Cole | 14 | Grancor | 1948 Kurtis 2000 322/Offenhauser | 117 | 1,975 | rod bearing | 0 |
| 20 | 25 | Mel Hansen George Fonder | 38 | Ray Brady | Adams/Sparks SC | 116 | 1,945 | valve | 0 |
| 21 | 30 | Bill Cantrell | 74 | Les Anderson | 1948 Kurtis/Offenhauser | 95 | 2,315 | drive shaft | 0 |
| 22 | 17 | Jackie Holmes | 57 | Pat Clancy | 1948 Kurtis 6 Wheel/Offenhauser | 65 | 2,410 | drive shaft | 0 |
| 23 | 20 | Lee Wallard | 6 | IRC Maserati | Maserati 8CTF 3032/Maserati SC | 55 | 4,405 | gears | 19 |
| 24 | 29 | Bayliss Levrett | 69 | Wynn's Oil | 1948 Kurtis 2000 324/Offenhauser | 52 | 2,375 | drain plug | 0 |
| 25 | 2 | Rex Mays | 5 | Lou Welch | 1945 Kurtis FD/Novi SC | 48 | 3,470 | engine | 12 |
| 26 | 3 | Jack McGrath | 33 | Leo Dobry | 1948 Kurtis 2000 317/Offenhauser | 39 | 2,115 | oil pump | 0 |
| 27 | 31 | Fred Agabashian | 15 | IRC Maserati | Maserati 8CL 3035/Maserati SC | 38 | 2,035 | overheating | 0 |
| 28 | 33 | Manuel Ayulo | 52 | Sheffler | Bromme/Offenhauser | 24 | 1,805 | rod | 0 |
| 29 | 1 | Duke Nalon | 54 | Lou Welch | 1947 Kurtis FD/Novi SC | 23 | 5,650 | accident | 23 |
| 30 | 23 | Sam Hanks | 18 | Milt Marion | 1949 Kurtis 2000 326/Offenhauser | 20 | 1,645 | oil leak | 0 |
| 31 | 27 | Charles Van Acker | 10 | Redmer | Stevens/Offenhauser | 10 | 1,615 | accident | 0 |
| 32 | 8 | George Lynch | 26 | Automobile Shippers | Rassey/Offenhauser | 1 | 1,585 | accident | 0 |
| 33 | 26 | Spider Webb | 37 | Grancor | Bromme/Offenhauser | 0 | 1,555 | transmission | 0 |
| Ralph Pratt | 34 | Belanger | Offenhauser | 0 | did not qualify | 0 | |||
| Doc Williams | 65 | Tom Sarafoff | Kurtis 2000/Offenhauser | 0 | did not qualify | 0 | |||
| Bill Cantrell | 36 | Frank & William Fageol | Stevens/Fageol | 0 | did not qualify | 0 | |||
| Henry Banks | 21 | Federal Engineering | Offenhauser | 0 | did not qualify | 0 | |||
| Pat Flaherty | 43 | Grancor | Mercury V8 | 0 | did not qualify | 0 | |||
| Tony Bettenhausen | 46 | Flavell | Sparks SC | 0 | did not qualify | 0 | |||
| Tony Bettenhausen | 16 | Johnny Mauro | Alfa Romeo 308 422022/Alfa Romeo SC | 0 | did not qualify | 0 | |||
| Jim Rathmann | 63 | Grancor | Offenhauser | 0 | practiced car | 0 | |||
| Sam Hanks | 35 | Federal Engineering | Maserati 8CTF 3030/Maserati SC | 0 | practiced car | 0 | |||
| Bill Taylor | 51 | Rounds | Rounds RE/Offenhauser | 0 | practiced car | 0 | |||
| Frank Burany | 24 | William Schoof | Offenhauser | 0 | practiced car | 0 | |||
| Danny Kladis | 58 | Lencki | Lencki | 0 | practiced car | 0 | |||
| Fred Agabashian | 47 | Page | 1946 Kurtis/Duray SC | 0 | practiced car | 0 | |||
| Billy DeVore | 0 | practiced car | 0 | ||||||
| Mel Hansen | 44 | Bowes Seal Fast | 1947 Kurtis/Offenhauser SC | 0 | practiced car | 0 | |||
| Chet Miller | 65 | Tom Sarafoff | Kurtis 2000/Offenhauser | 0 | practiced car | 0 | |||
| Hal Robson | 23 | Miller | Miller | 0 | practiced car | 0 | |||
| Louis Tomei | 42 | Worline | Offenhauser | 0 | did not qualify | 0 | |||
| Henry Banks | 35 | Federal Engineering | Maserati 8CTF 3030/Maserati SC | 0 | did not qualify | 0 | |||
| Walt Brown | 18 | Milt Marion | 1949 Kurtis 2000 326/Offenhauser | 0 | practiced car | 0 | |||
| George Metzler | 67 | Lee Glessner | Shaw/Offenhauser | 0 | practiced car | 0 | |||
| Tommy Hinnershitz | 15 | IRC Maserati | Maserati 8CL 3035/Maserati SC | 0 | practiced car | 0 | |||
| Tommy Hinnershitz | 18 | Milt Marion | 1949 Kurtis 2000 326/Offenhauser | 0 | practiced car | 0 | |||
| Les Anderson | 74 | Les Anderson | 1948 Kurtis/Offenhauser | 0 | practiced car | 0 | |||
| Milt Fankhauser | 73 | Karl Hall | Offenhauser | 0 | practiced car | 0 | |||
| Johnny Mauro | 16 | Johnny Mauro | Alfa Romeo 308 422022/Alfa Romeo SC | 0 | practiced car | 0 | |||
| Tommy Mattson | Sheffler | Offenhauser | 0 | practiced car | 0 | ||||
| Mike Salay | 49 | Szalai | Offenhauser | 0 | practiced car | 0 | |||
| Ted Duncan | 72 | Lutes | Offenhauser | 0 | practiced car | 0 | |||
| Wally Stokes | 75 | Kupiec | Offenhauser | 0 | practiced car | 0 | |||
| Kenny Eaton | 55 | Bowes Seal Fast | Offenhauser | 0 | practiced car | 0 | |||
| Joel Thorne | 81 | Joel Thorne | Mercedes W154 189439/Sparks | 0 | practiced car | 0 | |||
| Jimmy Daywalt | 56 | Bill & Bud Motor Sales | Offenhauser | 0 | practiced car | 0 | |||
| Leroy Warriner | 73 | Karl Hall | Offenhauser | 0 | practiced car | 0 | |||
| Jim Brubaker | 79 | Brubaker | Maserati V8RI 4501/Maserati | 0 | practiced car | 0 | |||
| Eddie Haddad | 47 | Page | 1946 Kurtis/Duray SC | 0 | practiced car | 0 | |||
| Frank Brisko | 48 | Frank Lynch | Briscko SC | 0 | practiced car | 0 | |||
| Frank Beardsley | Offenhauser | 0 | practiced car | 0 | |||||
| Byron Horne | 39 | Grancor | Mercury | 0 | practiced car | 0 | |||
| Randall Beinke | 42 | Worline | Offenhauser | 0 | practiced car | 0 | |||
| Lindley Bothwell | 66 | Lindley Bothwell | 1914 Peugeot L45 1 | 0 | practiced car | 0 | |||
| Wilbur Shaw | Oldsmobile 88 | 0 | parade lap |