| Position | Car Num. | Driver | Car Name/Entrant* | Make/Model | Qual Speed |
| 1 | 6 | Eddie Sachs | Dean Van Lines | Ewing/Offy | 146.590 |
| 2 | 4 | Jim Rathmann | Ken-Paul | Watson/Offy | 146.370 |
| 3 | 1 | Rodger Ward (W) | Leader Card 500 Roadster | Watson/Offy | 145.560 |
| 4 | 97 | Dick Rathmann | Jim Robbins | Watson/Offy | 145.540 |
| 5 | 9 | Len Sutton | S-R Racing Enterprises | Watson/Offy | 145.440 |
| 6 | 28 | Troy Ruttman (W) | John Zink Heater | Watson/Offy | 145.360 |
| 7 | 22 | Eddie Johnson | Jim Robbins | Trevis/Offy | 145.000 |
| 8 | 7 | Don Branson | Bob Estes | Phillips/Offy | 144.750 |
| 9 | 65 | Chuck Stevenson | Leader Card 500 Roadster | Watson/Offy | 144.660 |
| 10 | 10 | Jimmy Bryan (W) | Metal-Cal | Salih/Offy | 144.530 |
| 11 | 73 | Don Freeland | Ross-Babcock Traveler | Kurtis/Offy | 144.350 |
| 12 | 98 | Lloyd Ruby (R) | Agajanian | Watson/Offy | 144.200 |
| 13 | 8 | Johnny Boyd | Bowes Seal Fast | Epperly/Offy | 143.770 |
| 14 | 38 | Bob Christie | Federal Engineering | KK500D/Offy | 143.630 |
| 15 | 32 | Wayne Weiler (R) | Ansted Rotary | Kuzma/Offy | 143.510 |
| 16 | 5 | A.J. Foyt | Bowes Seal Fast | Kurtis/Offy | 143.460 |
| 17 | 3 | Johnny Thomson | Adams Quarter Horse Farm | Lesovsky/Offy | 146.440 |
| 18 | 2 | Tony Bettenhausen | Dowgard | Watson/Offy | 145.210 |
| 19 | 26 | Shorty Templeman | Federal Engineering | KK500E/Offy | 143.850 |
| 20 | 37 | Gene Force | McKay | KK500J/Offy | 143.470 |
| 21 | 14 | Bobby Grim | Bill Forbes | Meskowski/Offy | 143.150 |
| 22 | 27 | Red Amick | King O'Lawn | Salih/Offy | 143.080 |
| 23 | 56 | Jim Hurtubise (R) | Travelon Trailer | Christensen/Offy | 149.050 |
| 24 | 48 | Gene Hartley | Sumar | KK500G/Offy | 143.890 |
| 25 | 44 | Bob Veith | Schmidt | Meskowski/Offy | 143.360 |
| 26 | 99 | Paul Goldsmith | Demler | Epperly/Offy | 142.780 |
| 27 | 17 | Duane Carter | Thompson Industries | Kuzma/Offy | 142.630 |
| 28 | 18 | Bud Tingelstad (R) | Jim Robbins | Trevis/Offy | 142.350 |
| 29 | 46 | Eddie Russo | Go-Kart | KK500G/Offy | 142.200 |
| 30 | 76 | Al Herman | Joe Hunt Magneto | Ewing/Offy | 141.830 |
| 31 | 39 | Bill Homeier | Ridgewood Builders | Kuzma/Offy | 141.240 |
| 32 | 16 | Jim McWithey | Hoover Motor Express | Epperly/Offy | 140.370 |
| 33 | 23 | Dempsey Wilson | Bryant Heating & Cooling | KK500G/Offy | 143.210 |