| Fin | St | Driver | # | Owner | Car | Laps | Money | Status | Laps Led |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 2 | Tony Bettenhausen | 34 | Murrell Belanger | Wetteroth/Offenhauser | 100 | 5,000 | running | 100 |
| 2 | 5 | Paul Russo | 7 | Russo-Nichels | 1950 Russo-Nichels/Offenhauser | 100 | 3,600 | running | 0 |
| 3 | 4 | Jimmy Davies | 22 | Pat Clancy | Ewing/Offenhauser | 100 | 2,000 | running | 0 |
| 4 | 1 | Lee Wallard | 52 | Iddings | Meyer/Offenhauser | 100 | 1,400 | running | 0 |
| 5 | 16 | Henry Banks | 8 | Blue Crown Spark Plug | Moore/Offenhauser | 100 | 1,200 | running | 0 |
| 6 | 9 | Dick Rathmann | 45 | A.J. Watson | 1950 Watson/Offenhauser | 100 | 1,000 | running | 0 |
| 7 | 17 | Walt Faulkner | 98 | J.C. Agajanian | 1948 Kurtis 2000 318/Offenhauser | 99 | 800 | running | 0 |
| 8 | 10 | Fred Agabashian | 28 | Wynn's Friction Proofing | 1950 Kurtis 3000 330/Offenhauser | 94 | 800 | running | 0 |
| 9 | 14 | Jack McGrath | 49 | Jack Hinkle | 1950 Kurtis 3000 334/Offenhauser | 91 | 600 | running | 0 |
| 10 | 3 | George Connor | 9 | Bromme | Bromme/Offenhauser | 91 | 600 | running | 0 |
| 11 | 13 | Johnnie Parsons | 1 | Granatelli-Sabourin | 1950 Kurtis 3000 333/Offenhauser | 87 | 500 | piston | 0 |
| 12 | 8 | Johnny McDowell Chuck Stevenson | 62 | Peter Wales Trucking | 1948 Kurtis 2000 321/Offenhauser | 81 | 400 | engine | 0 |
| 13 | 11 | Mack Hellings | 15 | Carmine Tuffanelli | 1949 Kurtis 2000 008/Offenhauser | 62 | 500 | stalled | 0 |
| 14 | 7 | Duke Dinsmore | 69 | Brown Motor | 1948 Kurtis 2000 324/Offenhauser | 52 | 400 | head hit by rock | 0 |
| 15 | 15 | Walt Brown | 4 | Carmine Tuffanelli | 1949 Kurtis 2000 009/Offenhauser | 43 | 400 | rear axle | 0 |
| 16 | 18 | Emil Andres | 23 | Ross Page | 1946 Kurtis/Offenhauser SC | 43 | 400 | fouled plugs | 0 |
| 17 | 6 | Troy Ruttman | 55 | Bowes Seal Fast | Lesovsky/Offenhauser | 33 | 200 | connecting rod | 0 |
| 18 | 12 | Bill Schindler | 67 | Auto Shippers | Snowberger/Offenhauser | 2 | 200 | broken axle | 0 |
| Sam Hanks | 5 | Campbell | Offenhauser | 0 | did not qualify | 0 | |||
| Frank Burany | 86 | Bardahl-Schoof | Wetteroth/Offenhauser | 0 | did not qualify | 0 | |||
| Myron Fohr | 2 | Carl Marchese | Marchese/Offenhauser | 0 | did not qualify | 0 | |||
| Jerry Hoyt | 81 | Morris | 1949 Kurtis 2000 328/Offenhauser | 0 | did not qualify | 0 | |||
| Cliff Griffith | 58 | Scopa | Scopa/Offenhauser | 0 | did not qualify | 0 | |||
| Gene Hartley | 75 | Joe Langley | Langley/Offenhauser | 0 | did not qualify | 0 | |||
| Duke Nalon | 63 | Esmeralda | 1948 Kurtis 2000 317/Offenhauser | 0 | did not qualify | 0 | |||
| Spider Webb | 36 | Snowberger/Offenhauser | 0 | did not qualify | 0 | ||||
| Walt Ader | 27 | Sampson | Rae/Offenhauser SC | 0 | did not qualify | 0 | |||
| Jackie Holmes | 77 | Norm Olson | Olson/Offenhauser | 0 | did not qualify | 0 | |||
| Mike Salay | 76 | Wetteroth/Offenhauser | 0 | did not qualify | 0 | ||||
| Duane Carter | 99 | Murrell Belanger | 1949 Kurtis 327/Offenhauser | 0 | did not qualify | 0 | |||
| George Lynch | 88 | Corley | Wetteroth/Offenhauser | 0 | did not qualify | 0 | |||
| Ralph Pratt | 47 | Gdula | Gdula/Offenhauser | 0 | did not qualify | 0 | |||
| Johnny Fedricks | 19 | Lutes | Bardazon/Offenhauser | 0 | did not qualify | 0 | |||
| Cecil Green | 54 | John Zink | 1950 Kurtis 3000 332/Offenhauser | 0 | did not qualify | 0 | |||
| Joe James | 82 | Bob Estes | Weidel/Mercury | 0 | did not qualify | 0 | |||
| Chuck Leighton | 79 | Cantarano | Wayne | 0 | did not qualify | 0 |