Course disputée sur le circuit de Estoril
| Position | Numéro | Pilote | Team | Temps | Tours | Points | Départ |
|---|---|---|---|---|---|---|---|
| 1 | 46 | Valentino Rossi | Repsol Honda Team | 46'48.005 | 28 | 25 | 3 |
| 2 | 3 | Max Biaggi | Camel Pramac Pons | 46'50.099 | 28 | 20 | 2 |
| 3 | 65 | Loris Capirossi | Ducati Marlboro Team | 46'53.259 | 28 | 16 | 1 |
| 4 | 15 | Sete Gibernau | Telefonica Movistar Honda | 46'53.274 | 28 | 13 | 4 |
| 5 | 11 | Tohru Ukawa | Camel Pramac Pons | 46'58.586 | 28 | 11 | 10 |
| 6 | 12 | Troy Bayliss | Ducati Marlboro Team | 47'02.251 | 28 | 10 | 8 |
| 7 | 33 | Marco Melandri | Fortuna Yamaha MotoGP | 47'04.148 | 28 | 9 | 11 |
| 8 | 7 | Carlos Checa | Fortuna Yamaha MotoGP | 47'06.088 | 28 | 8 | 7 |
| 9 | 69 | Nicky Hayden | Repsol Honda Team | 47'06.289 | 28 | 7 | 15 |
| 10 | 6 | Makoto Tamada | Pramac Racing | 47'09.820 | 28 | 6 | 9 |
| 11 | 4 | Alex Barros | Gauloises Yamaha Team | 47'12.064 | 28 | 5 | 12 |
| 12 | 56 | Shinya Nakano | D\'antin MotoGP | 47'15.087 | 28 | 4 | 6 |
| 13 | 19 | Olivier Jacque | Gauloises Yamaha Team | 47'15.656 | 28 | 3 | 5 |
| 14 | 45 | Colin Edwards | Alice Aprilia Racing | 47'19.510 | 28 | 2 | 13 |
| 15 | 41 | Noriyuki Haga | Alice Aprilia Racing | 47'45.123 | 28 | 1 | 18 |
| 16 | 23 | Ryuichi Kiyonari | Telefonica Movistar Honda | 47'49.417 | 28 | 0 | 19 |
| 17 | 10 | Kenny Jr Roberts | Suzuki Grand Prix Team | 47'49.547 | 28 | 0 | 14 |
| 18 | 21 | John Hopkins | Suzuki Grand Prix Team | 47'54.606 | 28 | 0 | 17 |
| 19 | 99 | Jeremy McWilliams | Proton Team KR | 47'58.963 | 28 | 0 | 16 |
| 20 | 9 | Nobuatsu Aoki | Proton Team KR | 47'59.528 | 28 | 0 | 23 |
| 21 | 88 | Andrew Pitt | Kawasaki Racing Team | 48'06.555 | 28 | 0 | 20 |
| 22 | 52 | David De Gea | WCM | 46'58.734 | 27 | 0 | 21 |
| 23 | 8 | Garry McCoy | Kawasaki Racing Team | 44'54.669 | 26 | 0 | 22 |
| 24 | 35 | Chris Burns | WCM | 0 | 0 | 24 |