| Fin | St | Driver | # | Owner | Car | Laps | Money | Status | Laps Led |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 17 | Johnnie Parsons | 12 | Kurtis Kraft | 1948 Kurtis 1000 316/Offenhauser | 100 | 2,625 | running | 18 |
| 2 | 9 | Rex Mays | 15 | Wolfe | 1948 Kurtis 2000 323/Offenhauser | 100 | 1,890 | running | 22 |
| 3 | 12 | Lee Wallard | 6 | Iddings | Offenhauser | 100 | 1,050 | running | 0 |
| 4 | 11 | Chuck Stevenson | 2 | Carl Marchese | Marchese/Offenhauser | 100 | 490 | running | 0 |
| 5 | 15 | Walt Brown | 18 | Carmine Tuffanelli | 1948 Kurtis 2000 009/Offenhauser | 100 | 420 | running | 0 |
| 6 | 5 | George Connor | 22 | Grancor | Bromme/Offenhauser | 350 | running | 16 | |
| 7 | 10 | Duane Carter | 34 | Murrell Belanger | Offenhauser | 280 | running | 0 | |
| 8 | 13 | Charles Van Acker | 10 | Redmer | Offenhauser | 280 | running | 0 | |
| 9 | 6 | Tony Bettenhausen | 99 | Murrell Belanger | 1949 Kurtis 327/Meyer-Drake | 210 | running | 0 | |
| 10 | 8 | Spider Webb | 55 | Bowes Seal Fast | Offenhauser | 210 | running | 0 | |
| 11 | 4 | Neal Carter | 74 | Lutes | Offenhauser | 175 | did not finish | 7 | |
| 12 | 14 | Bill Holland | 7 | Love Machine & Tool | Offenhauser | 175 | did not finish | 0 | |
| 13 | 1 | Jimmy Davies | 57 | Pat Clancy | Offenhauser | 140 | did not finish | 37 | |
| 14 | 16 | Johnny Fedricks | 14 | Neal's Rest | 1948 Kurtis 2000 322/Offenhauser | 140 | did not finish | 0 | |
| 15 | 3 | Paul Russo | 24 | Pritchard | Offenhauser | 140 | did not finish | 0 | |
| 16 | 2 | Bayliss Levrett | 69 | Wynn's Friction Proofing | 1948 Kurtis 2000 324/Offenhauser | 140 | did not finish | 0 | |
| 17 | 18 | Hal Robson | 71 | Veedol | Offenhauser | 70 | did not finish | 0 | |
| 18 | 7 | George Lynch | 26 | Auto Shippers | Snowberger/Offenhauser | 70 | did not finish | 0 | |
| Chuck Stevenson | 5 | Schoof | Offenhauser | 0 | did not qualify | 0 | |||
| Iggy Katona | 59 | HAL | 0 | did not qualify | 0 | ||||
| Myron Fohr | 2 | Carl Marchese | Marchese/Offenhauser | 0 | 0 | did not start | 0 | ||
| Duke Dinsmore | 45 | Lencki | 0 | did not qualify | 0 | ||||
| Emil Andres | 17 | Weirick | Offenhauser | 0 | did not qualify | 0 | |||
| Billy DeVore | 93 | Offenhauser | 0 | did not qualify | 0 | ||||
| Hal Robson | 68 | Wetteroth/Offenhauser | 0 | did not qualify | 0 | ||||
| Henry Banks | 64 | Ray Carter | Wetteroth/Offenhauser | 0 | did not qualify | 0 | |||
| Steve Truchan | 56 | Offenhauser | 0 | did not qualify | 0 | ||||
| Milt Fankhauser | 72 | Karl Hall | Offenhauser | 0 | did not qualify | 0 | |||
| Mike Salay | 49 | Salay/Offenhauser | 0 | did not start | 0 | ||||
| Jimmy Daywalt | 21 | Offenhauser | 0 | did not qualify | 0 |