| Fin | St | Driver | # | Owner | Car | Laps | Money | Status | Laps Led |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 2 | Tony Bettenhausen | 99 | Meyer & Drake | 1949 Kurtis 327/Offenhauser SC | 100 | 4,875 | running | 51 |
| 2 | 3 | Spider Webb | 55 | Bowes Seal Fast | Offenhauser | 100 | 3,510 | running | 44 |
| 3 | 13 | Myron Fohr | 2 | Carl Marchese | Marchese/Offenhauser | 100 | 1,950 | running | 0 |
| 4 | 12 | Ralph Pratt | 34 | Murrell Belanger | Offenhauser | 98 | 1,365 | running | 0 |
| 5 | 11 | Lee Wallard | 6 | Iddings | Offenhauser | 96 | 1,170 | running | 0 |
| 6 | 5 | Jimmy Davies | 57 | Pat Clancy | Offenhauser | 92 | 975 | running | 0 |
| 7 | 16 | Bill Holland | 7 | Love Machine & Tool | Offenhauser | 88 | 780 | running | 0 |
| 8 | 14 | Walt Brown | 18 | Carmine Tuffanelli | 1949 Kurtis 2000 009/Offenhauser | 72 | 780 | running | 0 |
| 9 | 4 | Neal Carter | 71 | Lutes | Offenhauser | 63 | 585 | running | 0 |
| 10 | 1 | Duke Dinsmore | 69 | Wynn's Friction Proofing | 1948 Kurtis 2000 324/Offenhauser | 62 | 585 | running | 5 |
| 11 | 9 | Rex Mays | 15 | Wolfe | 1948 Kurtis 2000 323/Offenhauser | 59 | 487 | running | 0 |
| 12 | 6 | Johnnie Parsons | 12 | Kurtis Kraft | 1948 Kurtis 1000 316/Offenhauser | 49 | 487 | accident | 0 |
| 13 | 7 | George Connor | 22 | Grancor | Bromme/Offenhauser | 39 | 390 | spring | 0 |
| 14 | 8 | Duane Carter | 14 | Neal's Rest | 1948 Kurtis 2000 322/Offenhauser | 34 | 390 | did not finish | 0 |
| 15 | 10 | George Lynch | 21 | Auto Shippers | Offenhauser | 27 | 390 | did not finish | 0 |
| 16 | 15 | Milt Fankhauser | 72 | Karl Hall | Offenhauser | 14 | 390 | did not finish | 0 |
| Johnny Mantz | 98 | J.C. Agajanian | 1948 Kurtis 2000 318/Offenhauser | 0 | did not qualify | 0 | |||
| Henry Banks | 21 | Offenhauser | 0 | did not qualify | 0 | ||||
| Paul Russo | 49 | Norm Olson | Offenhauser | 0 | did not qualify | 0 | |||
| Steve Truchan | 56 | Offenhauser | 0 | did not qualify | 0 | ||||
| Charles Van Acker | 10 | Offenhauser | 0 | did not qualify | 0 | ||||
| Buster Warke | 54 | Offenhauser | 0 | did not qualify | 0 | ||||
| Mike Salay | 49 | Salay/Offenhauser | 0 | did not qualify | 0 | ||||
| Bob Simpson | Offenhauser | 0 | did not qualify | 0 | |||||
| Bayliss Levrett | 71 | Offenhauser | 0 | did not qualify | 0 | ||||
| Bayliss Levrett | 26 | Offenhauser | 0 | did not qualify | 0 | ||||
| Bayliss Levrett | 64 | Palmer | Offenhauser | 0 | did not qualify | 0 | |||
| Johnny Fedricks | 45 | Lencki | 0 | did not qualify | 0 |