Race held at the Jerez de la Frontera circuit
| Position | No. | Pilot | Team | Brand | Time | Laps | Points | Start |
|---|---|---|---|---|---|---|---|---|
| 1 | 46 |
Valentino Rossi
|
Repsol Honda Team | Honda | 46'51.843 | 27 | 25 | 1 |
| 2 | 74 |
Daijiro Kato
|
Fortuna Honda Gresini | Honda | 46'53.033 | 27 | 20 | 4 |
| 3 | 11 |
Tohru Ukawa
|
Repsol Honda Team | Honda | 46'54.288 | 27 | 16 | 6 |
| 4 | 65 |
Loris Capirossi
|
West Honda Pons | Honda | 46'54.673 | 27 | 13 | 3 |
| 5 | 4 |
Alex Barros
|
West Honda Pons | Honda | 46'55.960 | 27 | 11 | 2 |
| 6 | 6 |
Norifumi Abe
|
Antena 3 Yamaha d\'Antin | Yamaha | 47'10.360 | 27 | 10 | 10 |
| 7 | 9 |
Nobuatsu Aoki
|
Proton Team KR | 47'23.628 | 27 | 9 | 15 | |
| 8 | 10 |
Kenny Jr Roberts
|
Telefonica Movistar Suzuki | Suzuki | 47'25.719 | 27 | 8 | 9 |
| 9 | 15 |
Sete Gibernau
|
Telefonica Movistar Suzuki | Suzuki | 47'30.605 | 27 | 7 | 13 |
| 10 | 31 |
Tetsuya Harada
|
Pramac Honda Racing Team | Honda | 47'31.818 | 27 | 6 | 11 |
| 11 | 19 |
Olivier Jacque
|
Gauloises Yamaha Tech3 | Yamaha | 47'39.339 | 27 | 5 | 8 |
| 12 | 17 |
Jurgen van den Goorbergh
|
Kanemoto Racing | 47'39.773 | 27 | 4 | 17 | |
| 13 | 21 |
John Hopkins
|
Red Bull Yamaha WCM | Yamaha | 47'42.092 | 27 | 3 | 16 |
| 14 | 55 |
Regis Laconi
|
MS Aprilia Racing | Aprilia | 47'42.527 | 27 | 2 | 19 |
| 15 | 8 |
Garry McCoy
|
Red Bull Yamaha WCM | Yamaha | 47'45.136 | 27 | 1 | 18 |
| 16 | 99 |
Jeremy McWilliams
|
Proton Team KR | 47'46.014 | 27 | 0 | 12 | |
| 17 | 56 |
Shinya Nakano
|
Gauloises Yamaha Tech3 | Yamaha | 48'15.857 | 27 | 0 | 14 |
| 1 | 7 |
Carlos Checa
|
Marlboro Yamaha Team | Yamaha | 45'25.619 | 26 | 0 | 5 |
| 2 | 20 |
Pere Riba
|
Antena 3 Yamaha d\'Antin | Yamaha | 3'43.147 | 2 | 0 | 20 |
| 3 | 3 |
Max Biaggi
|
Marlboro Yamaha Team | Yamaha | 0 | 0 | 7 |
Jerez de la Frontera motorcycle circuit