Race held at the Estoril circuit
| Position | No. | Pilot | Team | Brand | Time | Laps | Points | Start |
|---|---|---|---|---|---|---|---|---|
| 1 | 46 |
Valentino Rossi
|
Repsol Honda Team | Honda | 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 | Ducati | 46'53.259 | 28 | 16 | 1 |
| 4 | 15 |
Sete Gibernau
|
Telefonica Movistar Honda | 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 | Ducati | 47'02.251 | 28 | 10 | 8 |
| 7 | 33 |
Marco Melandri
|
Fortuna Yamaha MotoGP | Yamaha | 47'04.148 | 28 | 9 | 11 |
| 8 | 7 |
Carlos Checa
|
Fortuna Yamaha MotoGP | Yamaha | 47'06.088 | 28 | 8 | 7 |
| 9 | 69 |
Nicky Hayden
|
Repsol Honda Team | Honda | 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 | Yamaha | 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 | Yamaha | 47'15.656 | 28 | 3 | 5 |
| 14 | 45 |
Colin Edwards
|
Alice Aprilia Racing | Aprilia | 47'19.510 | 28 | 2 | 13 |
| 15 | 41 |
Noriyuki Haga
|
Alice Aprilia Racing | Aprilia | 47'45.123 | 28 | 1 | 18 |
| 16 | 23 |
Ryuichi Kiyonari
|
Telefonica Movistar Honda | Honda | 47'49.417 | 28 | 0 | 19 |
| 17 | 10 |
Kenny Jr Roberts
|
Suzuki Grand Prix Team | Suzuki | 47'49.547 | 28 | 0 | 14 |
| 18 | 21 |
John Hopkins
|
Suzuki Grand Prix Team | Suzuki | 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 | Kawasaki | 48'06.555 | 28 | 0 | 20 |
| 22 | 52 |
David De Gea
|
WCM | 46'58.734 | 27 | 0 | 21 | |
| 1 | 8 |
Garry McCoy
|
Kawasaki Racing Team | Kawasaki | 44'54.669 | 26 | 0 | 22 |
| 2 | 35 |
Chris Burns
|
WCM | 0 | 0 | 24 |
Estoril motorcycle circuit