Race held at the Estoril circuit
| Position | No. | Pilot | Team | Brand | Time | Laps | Points | Start |
|---|---|---|---|---|---|---|---|---|
| 1 | 24 |
Toni Elias
|
Fortuna Honda | Honda | 46'08.739 | 28 | 25 | 11 |
| 2 | 46 |
Valentino Rossi
|
Fiat Yamaha Team | Yamaha | 46'08.741 | 28 | 20 | 1 |
| 3 | 10 |
Kenny Jr Roberts
|
Team Roberts | 46'08.915 | 28 | 16 | 13 | |
| 4 | 5 |
Colin Edwards
|
Camel Yamaha Team | Yamaha | 46'09.603 | 28 | 13 | 2 |
| 5 | 6 |
Makoto Tamada
|
Konica Minolta Honda | Honda | 46'27.158 | 28 | 11 | 14 |
| 6 | 21 |
John Hopkins
|
Team Suzuki MotoGP | Suzuki | 46'33.920 | 28 | 10 | 6 |
| 7 | 7 |
Carlos Checa
|
Tech3 Yamaha | Yamaha | 46'38.087 | 28 | 9 | 9 |
| 8 | 33 |
Marco Melandri
|
Fortuna Honda | Honda | 46'40.552 | 28 | 8 | 15 |
| 9 | 71 |
Chris Vermeulen
|
Team Suzuki MotoGP | Suzuki | 46'48.856 | 28 | 7 | 12 |
| 10 | 17 |
Randy De Puniet
|
Kawasaki Racing Team | Kawasaki | 46'50.235 | 28 | 6 | 16 |
| 11 | 66 |
Alexander Hofmann
|
Pramac d'Antin MotoGP | 46'50.272 | 28 | 5 | 18 | |
| 12 | 65 |
Loris Capirossi
|
Ducati Marlboro Team | Ducati | 46'53.515 | 28 | 4 | 10 |
| 13 | 77 |
James Ellison
|
Tech3 Yamaha | Yamaha | 47'27.852 | 28 | 3 | 17 |
| 14 | 30 |
Jose Luis Cardoso
|
Pramac d'Antin MotoGP | 47'49.455 | 28 | 2 | 19 | |
| 15 | 8 |
Garry McCoy
|
Ilmor CRT | 47'35.294 | 24 | 1 | 20 | |
| 1 | 26 |
Dani Pedrosa
|
Repsol Honda Team | Honda | 6'42.331 | 4 | 0 | 4 |
| 2 | 69 |
Nicky Hayden
|
Repsol Honda Team | Honda | 6'42.244 | 4 | 0 | 3 |
| 3 | 15 |
Sete Gibernau
|
Ducati Marlboro Team | Ducati | 1'46.055 | 1 | 0 | 8 |
| 4 | 27 |
Casey Stoner
|
Lcr Honda | Honda | 1'45.744 | 1 | 0 | 5 |
| 5 | 56 |
Shinya Nakano
|
Kawasaki Racing Team | Kawasaki | 0 | 0 | 7 |
Estoril motorcycle circuit