(Race Results)
| Pos. | No. | Drivers | Car | Laps | Time |
| 1st | 1 | Doug Whiteford | Talbot-Lago T26C | 38 | 1:57:44.0000 |
| 2nd | 3 | Stan Jones | Maybach Special Mk.1 | 38 | 2:02:04.0000 |
| 3rd | 13 | Bill Murray | Alfa Romeo Tipo B Alvis | 38 | 2:05:08.0000 |
| 4th | 5 | Jack Murray | Allard J2 Cadillac | 38 | 2:06:04.0000 |
| 5th | 30 | Harry Monday | Mercury Special | 38 | 2:09:34.0000 |
| 6th | 15 | Tom Sulman | Maserati 4CL | 38 | 2:11:05.0000 |
| 7th | 27 | Clive Adams | Prad - Ford | 38 | 2:11:16.0000 |
| 8th | 41 | David McKay | MG TC Special | 38 | 2:13:21.0000 |
| 9th | 43 | Peter Critchley | MG TB Special | 38 | 2:13:21.0000 |
| 10th | 33 | J. S. Moody | Jaguar XK120 | 37 | |
| 11th | 19 | Arthur Griffiths | MG TC Special | 36 | |
| 12th | 44 | Ron Ward | MG TC Special | 35 | |
| 13th | 35 | Bill McLachlan | Bugatti Type 37A Ford | 34 | |
| 14th | 32 | John Calvert | Jaguar XK120 | 34 | |
| 15th | 16 | Peter Menere | Bugatti Type 35B | 34 | |
| 16th | 11 | Jack Saywell | Cooper Mk V | 32 | |
| 17th | 40 | Silvio Massolla | HRG Special | 29 | |
Did not finish:
| No. | Drivers | Car | Laps | Time | Reason |
| 42 | John Nind | MG TB Special | 34 | | DNF |
| 39 | T. G. Humphries | HRG Special | 33 | | DNF |
| 18 | Curley Brydon | MG TC Special | 27 | | DNF |
| 46 | Phil Harrison | MG TD Special | 27 | | DNF |
| 21 | Ian Mountain | MYF - Ford | 24 | | DNF |
| 22 | Harry Thompson | HRG | 24 | | DNF |
| 26 | Bill Willcox | Dodge Special | 24 | | DNF |
| 36 | Alec Mildren | Riley Nine Imp | 24 | | DNF |
| 38 | Ron Reid | Terraplane Special | 24 | | DNF |
| 34 | Frank Roberts | Jaguar XK120 | 23 | | DNF |
| 17 | Julian Barrett | BWA Special | 19 | | DNF |
| 28 | Peter Lowe | Bugatti Type 37 Holden | 17 | | DNF |
| 11 | Stan Mossetter | Rizzo Riley Special | 16 | | DNF |
| 4 | Wally Feltham | Alta | 15 | | DNF |
| 7 | John Crouch | Cooper Mk V JAP | 15 | | DNF |
| 25 | George Pearse | MG TC Special | 12 | | DNF |
| 12 | Dick Bland | Dixon - Riley | 11 | | DNF |
| 20 | Jesse Griffiths | George Reed Special | 11 | | DNF |
| 24 | Vin Maloney | MG TC Special | 11 | | DNF |
| 14 | Eldred Norman | Maserati 6C | 10 | | DNF |
| 23 | Dick Cobden | Cooper Mk V JAP | 10 | | DNF |
| 8 | Wayne Hirst | Cooper Mk V JAP | 8 | | DNF |
| 10 | Mischa Randall | Cooper Mk V Vincent | 7 | | DNF |
| 6 | Bill Craig | Cooper Mk V JAP | 6 | | DNF |
| 9 | Frank Kleinig | Kleinig-Hudson 8 Special | 4 | | DNF |
| 31 | Ken Tubman | MG K3 | 1 | | DNF |
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