Results: 1 Troy Ruttman Kuzma-Offenhauser 3:52:41.88 2 Jim Rathmann KK3000-Offenhauser 200 laps 3 Sam Hanks KK3000-Offenhauser 200 laps 4 Duane Carter Levosky-Offenhauser 200 laps 5 Art Cross KK4000-Offenhauser 200 laps 6 Jimmy Bryan KK3000-Offenhauser 200 laps 7 Jimmy Reece KK4000-Offenhauser 200 laps 8 George Connor KK3000-Offenhauser 200 laps 9 Cliff Griffith KK2000-Offenhauser 200 laps 10 Johnnie Parsons Kurtis-Offenhauser 200 laps 11 Jack McGrath KK3000-Offenhauser 200 laps 12 Jim Rigsby Watson-Offenhauser 200 laps 13 Joe James KK4000-Offenhauser 200 laps 14 Bill Schindler Stevens-Offenhauser 200 laps 15 George Fonder Sherman-Offenhauser 197 laps 16 Eddie Johnson Trevis-Offenhauser 193 laps 17 Bill Vukovich KK500A-Offenhauser 191 laps 18 Chuck Stevenson KK4000-Offenhauser 187 laps 19 Henry Banks Levosky-Offenhauser 184 laps 20 Manuel Ayulo Kurtis-Offenhauser 184 laps 21 Johnny McDowell Kurtis-Offenhauser 182 laps Did Not Finish: Spider Webb Bromme-Offenhauser 162 Oil Leak Roger Ward KK4000-Offenhauser 130 Oil Pressure Tony Bettenhausen Deidt-Offenhauser 93 Stalled Duke Nalon Kurtis-Novi 84 Supercharger Bob Sweikert KK2000-Offenhauser 77 Differential Fred Agabashian Kurtis-Cummins 71 Supercharger Gene Hartley KK4000-Offenhauser 65 Exhaust Pipe Bob Scott KK2000-Offenhauser 49 Drive Shaft Chet Miller Kurtis-Novi 41 Supercharger Alberto Ascari Ferrari 375 40 Spun Turn 4 Bobby Ball Stevens-Offenhauser 34 Gear Case Andy Linden KK4000-Offenhauser 20 Oil Leak
Qualifying times:
| Pos | Car # | Driver | Make/Model | Speed |
|---|---|---|---|---|
| 1 | 28 | Fred Agabashian | Kurtis/Cummins | 138.010 |
| 2 | 9 | Andy Linden | KK4000/Offy | 137.002 |
| 3 | 4 | Jack McGrath | KK3000/Offy | 136.664 |
| 4 | 36 | Duke Nalon | Kurtis/Novi | 136.188 |
| 5 | 18 | Sam Hanks | KK3000/Offy | 135.736 |
| 6 | 1 | Duane Carter | Lesovsky/Offy | 135.522 |
| 7 | 98 | Troy Ruttman | Kuzma/Offy | 135.364 |
| 8 | 26 | Bill Vukovich | KK500A/Offy | 138.212 |
| 9 | 22 | Cliff Griffith | KK2000/Offy | 136.617 |
| 10 | 59 | Jim Rathmann | KK3000/Offy | 136.343 |
| 11 | 16 | Chuck Stevenson | KK4000/Offy | 136.142 |
| 12 | 2 | Henry Banks | Lesovsky/Offy | 135.962 |
| 13 | 65 | George Fonder | Sherman/Offy | 135.947 |
| 14 | 54 | George Connor | KK3000/Offy | 135.609 |
| 15 | 7 | Bill Schindler | Stevens/Offy | 134.988 |
| 16 | 14 | Joe James | KK4000/Offy | 134.953 |
| 17 | 55 | Bobby Ball | Stevens/Offy | 134.725 |
| 18 | 67 | Gene Hartley | KK4000/Offy | 134.343 |
| 19 | 12 | Alberto Ascari | Ferrari/Ferrari | 134.308 |
| 20 | 33 | Art Cross | KK4000/Offy | 134.288 |
| 21 | 77 | Jimmy Bryan | KK3000/Offy | 134.142 |
| 22 | 34 | Rodger Ward | KK4000/Offy | 134.139 |
| 23 | 37 | Jimmy Reece | KK4000/Offy | 133.993 |
| 24 | 81 | Eddie Johnson | Trevis/Offy | 133.973 |
| 25 | 93 | Bob Scott | KK2000/Offy | 133.953 |
| 26 | 29 | Jim Rigsby | Watson/Offy | 133.904 |
| 27 | 21 | Chet Miller | Kurtis/Novi | 139.034 |
| 28 | 8 | Manuel Ayulo | Lesovsky/Offy | 135.982 |
| 29 | 48 | Spider Webb | Bromme/Offy | 135.962 |
| 30 | 27 | Tony Bettenhausen Sr. | Deidt/Offy | 135.384 |
| 31 | 5 | Johnnie Parsons | Kurtis/Offy | 135.328 |
| 32 | 73 | Bob Sweikert | KK2000/Offy | 134.983 |
| 33 | 31 | Johnny McDowell | Kurtis/Offy | 133.939 |
Note:
1: Offy - Offenhauser