Race held at the Estoril circuit
| Position | No. | Pilot | Team | Brand | Time | Laps | Points | Start |
|---|---|---|---|---|---|---|---|---|
| 1 | 4 |
Alex Barros
|
Camel Honda | Honda | 47'14.053 | 28 | 25 | 1 |
| 2 | 46 |
Valentino Rossi
|
Gauloise Yamaha | Yamaha | 47'16.824 | 28 | 20 | 4 |
| 3 | 3 |
Max Biaggi
|
Honda Racing Corporation | Honda | 47'20.124 | 28 | 16 | 8 |
| 4 | 33 |
Marco Melandri
|
Honda Gresini | Honda | 47'43.599 | 28 | 13 | 5 |
| 5 | 7 |
Carlos Checa
|
Ducati Marlboro Team | Ducati | 47'43.827 | 28 | 11 | 3 |
| 6 | 5 |
Colin Edwards
|
Gauloise Yamaha | Yamaha | 47'58.269 | 28 | 10 | 7 |
| 7 | 69 |
Nicky Hayden
|
Repsol Honda Team | Honda | 48'11.174 | 28 | 9 | 9 |
| 8 | 56 |
Shinya Nakano
|
Kawasaki Racing Team | Kawasaki | 48'13.900 | 28 | 8 | 10 |
| 9 | 65 |
Loris Capirossi
|
Ducati Marlboro Team | Ducati | 48'21.771 | 28 | 7 | 6 |
| 10 | 11 |
Ruben Xaus
|
Fortuna Yamaha MotoGP | Yamaha | 48'36.484 | 28 | 6 | 12 |
| 11 | 12 |
Troy Bayliss
|
Honda Pons | Honda | 48'47.582 | 28 | 5 | 13 |
| 12 | 10 |
Kenny Jr Roberts
|
Team Suzuki MotoGP | Suzuki | 48'48.104 | 28 | 4 | 14 |
| 13 | 44 |
Roberto Rolfo
|
Team d\'Antin Pramac | 48'50.009 | 28 | 3 | 16 | |
| 14 | 24 |
Toni Elias
|
Fortuna Yamaha MotoGP | Yamaha | 48'50.545 | 28 | 2 | 15 |
| 15 | 77 |
James Ellison
|
Blata WCM | 47'19.474 | 26 | 1 | 17 | |
| 16 | 67 |
Shane Byrne
|
Team Roberts | 47'53.289 | 24 | 0 | 18 | |
| 1 | 21 |
John Hopkins
|
Team Suzuki MotoGP | Suzuki | 26'51.387 | 16 | 0 | 11 |
| 2 | 15 |
Sete Gibernau
|
Honda Gresini | Honda | 26'30.320 | 16 | 0 | 2 |
| 3 | 27 |
Franco Battaini
|
Blata WCM | 14'24.799 | 8 | 0 | 19 |
Estoril motorcycle circuit