Indianapolis 500
Race Results for the 1948 Indianapolis 500
| Finish | Start | Car Num. | Driver | Car Name/Entrant* | Make/Model | Status | Laps | Led | Prize Money |
| 1 | 3 | 3 | Mauri Rose (W) | Blue Crown Spark Plug | Deidt/Offy | 119.814 | 200 | 81 | $42,800 |
| 2 | 2 | 2 | Bill Holland | Blue Crown Spark Plug | Deidt/Offy | 119.147 | 200 | 0 | $19,100 |
| 3 | 11 | 54 | Duke Nalon | Novi Grooved Piston | Kurtis/Novi | 118.034 | 200 | 9 | $15,675 |
| 4 | 5 | 1 | Ted Horn | Bennett Brothers | Maserati/Maserati | 117.844 | 200 | 74 | $16,175 |
| 5 | 21 | 35 | Mack Hellings (R) | Don Lee | KK2000/Offy | 113.361 | 200 | 0 | $7,675 |
| 6 | 14 | 63 | Hal Cole | City of Tacoma | KK2000/Offy | 111.587 | 200 | 0 | $5,425 |
| 7 | 28 | 91 | Lee Wallard (R) | Iddings | Meyer/Offy | 109.177 | 200 | 0 | $5,040 |
| 8 | 27 | 33 | Johnny Mauro (R) | Phil Kraft Alfa Romeo | Alfa Romeo/Alfa Romeo | Running | 198 | 0 | $4,115 |
| 9 | 23 | 7 | Tommy Hinnershitz | Kurtis-Kraft | Kurtis/Offy | Running | 198 | 0 | $4,270 |
| 10 | 4 | 61 | Jimmy Jackson | Howard Keck | Deidt/Offy | Left spindle | 193 | 0 | $4,120 |
| 11 | 12 | 4 | Charlie Van Acker | City of South Bend | Stevens/Offy | Running | 192 | 0 | $3,120 |
| 12 | 20 | 19 | Billy DeVore | Pat Clancy (6 Wheels) | Kurtis/Offy | Running | 190 | 0 | $2,930 |
| 13 | 8 | 98 | Johnny Mantz (R) | Agajanian | KK2000/Offy | Running | 185 | 0 | $2,230 |
| 14 | 22 | 6 | Tony Bettenhausen | Belanger Motors | Stevens/Offy | Clutch | 167 | 0 | $2,560 |
| 15 | 18 | 64 | Hal Robson | Palmer Construction | Adams/Offy | Valve | 164 | 0 | $1,990 |
| 16 | 7 | 36 | Bill Cantrell (R) | Fageol Twin Coach | Stevens/Fageol | Steering | 161 | 0 | $1,870 |
| 17 | 10 | 55 | Joie Chitwood | Nyquist | Shaw/Offy | Fuel leak | 138 | 0 | $2,375 |
| 18 | 24 | 53 | Bill Sheffler | Jack Maurer | Bromme/Offy | Spark plugs | 132 | 0 | $1,830 |
| 19 | 1 | 5 | Rex Mays | Bowes Seal Fast | Kurtis/Winfield | Fuel leak | 129 | 36 | $5,775 |
| 20 | 19 | 31 | Chet Miller | Don Lee Mercedes | Mercedes/Mercedes | Oil trouble | 108 | 0 | $2,120 |
| 21 | 13 | 52 | Jack McGrath (R) | Sheffler Offy | Bromme/Offy | Stalled | 70 | 0 | $1,865 |
| 22 | 29 | 16 | Duane Carter (R) | Belanger Motors | Wetteroth/Offy | Accident | 59 | 0 | $1,960 |
| 23 | 32 | 26 | Fred Agabashian | Ross Page | Kurtis/Duray | Oil line | 58 | 0 | $1,580 |
| 24 | 9 | 34 | Les Anderson | Kennedy Tank | Kurtis/Offy | Gears | 58 | 0 | $1,550 |
| 25 | 33 | 17 | Mel Hansen | Schafer Gear Works | Adams/Sparks | Disqualified | 42 | 0 | $1,420 |
| 26 | 15 | 76 | Sam Hanks | Flavell | Adams/Sparks | Clutch | 34 | 0 | $1,490 |
| 27 | 30 | 51 | Spider Webb (R) | Fowle Brothers | Bromme/Offy | Oil line | 27 | 0 | $1,685 |
| 28 | 17 | 9 | George Connor | Bennett Brothers | Stevens/Miller | Drive shaft | 24 | 0 | $1,330 |
| 29 | 6 | 74 | Doc Williams | Clarke Motors | Cooper/Offy | Ignition | 19 | 0 | $1,300 |
| 30 | 31 | 86 | Mike Salay (R) | Terman Marine Supply | Wetteroth/Offy | Stalled | 13 | 0 | $1,470 |
| 31 | 16 | 8 | Emil Andres | Tuffy's Offy | KK2000/Offy | Steering | 11 | 0 | $1,340 |
| 32 | 25 | 25 | Paul Russo | Federal Engineering | Maserati/Maserati | Oil leak | 7 | 0 | $1,310 |
| 33 | 26 | 65 | Harry McQuinn | Frank Lynch Motors | Maserati/Maserati | Supercharger | 1 | 0 | $1,180 |
- * complete car name/entrant data not available for all entries
- (R) - Indicates Rookie
- (W) - Indicates Past Winner