Course disputée sur le circuit de Phillip Island
| Position | Numéro | Pilote | Team | Temps | Tours | Points | Départ |
|---|---|---|---|---|---|---|---|
| 1 | 46 | Valentino Rossi | Gauloises Fortuna Yamaha | 19:30:19 | 27 | 25 | 2 |
| 2 | 15 | Sete Gibernau | Telefonica Movistar Honda | 19:31:56 | 27 | 20 | 1 |
| 3 | 65 | Loris Capirossi | Ducati Marlboro Team | 22:25:05 | 27 | 16 | 3 |
| 4 | 45 | Colin Edwards | Telefonica Movistar Honda | 22:30:36 | 27 | 13 | 4 |
| 5 | 4 | Alex Barros | Repsol Honda Team | 22:31:10 | 27 | 11 | 6 |
| 6 | 69 | Nicky Hayden | Repsol Honda Team | 22:53:49 | 27 | 10 | 14 |
| 7 | 3 | Max Biaggi | Camel Honda | 23:04:26 | 27 | 9 | 7 |
| 8 | 6 | Makoto Tamada | Camel Honda | 23:06:24 | 27 | 8 | 5 |
| 9 | 12 | Troy Bayliss | Ducati Marlboro Team | 00:40:26 | 27 | 7 | 9 |
| 10 | 7 | Carlos Checa | Gauloises Fortuna Yamaha | 01:24:24 | 27 | 6 | 13 |
| 11 | 11 | Ruben Xaus | D\'antin MotoGP | 01:56:32 | 27 | 5 | 12 |
| 12 | 56 | Shinya Nakano | Kawasaki Racing Team | 02:38:57 | 27 | 4 | 11 |
| 13 | 66 | Alexander Hofmann | Kawasaki Racing Team | 05:15:56 | 27 | 3 | 8 |
| 14 | 99 | Jeremy McWilliams | MS Aprilia Racing | 08:02:54 | 27 | 2 | 15 |
| 15 | 21 | John Hopkins | Team Suzuki MotoGP | 08:03:36 | 27 | 1 | 17 |
| 16 | 32 | Gregorio Lavilla | Team Suzuki MotoGP | 10:00:24 | 27 | 0 | 16 |
| 17 | 17 | Norifumi Abe | Fortuna Gauloises Tech 3 | 10:08:04 | 27 | 0 | 18 |
| 18 | 50 | Neil Hodgson | D\'antin MotoGP | 15:20:13 | 27 | 0 | 19 |
| 19 | 9 | Nobuatsu Aoki | Project U FRS | 21:32:08 | 26 | 0 | 21 |
| 20 | 36 | James Haydon | Proton Team KR | 00:31:01 | 26 | 0 | 22 |
| 21 | 41 | Youichi Iu | WCM | 16:31:20 | 26 | 0 | 24 |
| 22 | 77 | James Ellison | WCM | 19:33:20 | 24 | 0 | 23 |
| 23 | 33 | Marco Melandri | Fortuna Gauloises Tech 3 | 05:36:48 | 0 | 0 | 10 |
| 24 | 24 | Garry McCoy | MS Aprilia Racing | 14:25:48 | 0 | 0 | 20 |