Race held at the Ricardo Tormo circuit
| Position | No. | Pilot | Team | Brand | Time | Laps | Points | Start |
|---|---|---|---|---|---|---|---|---|
| 1 | 24 |
Garry McCoy
|
Red Bull Yamaha WCM | Yamaha | 48'27.799 | 30 | 25 | 4 |
| 2 | 2 |
Kenny Jr Roberts
|
Telefonica Movistar Suzuki | Suzuki | 48'32.804 | 30 | 20 | 1 |
| 3 | 4 |
Max Biaggi
|
Marlboro Yamaha Team | Yamaha | 48'33.777 | 30 | 16 | 2 |
| 4 | 9 |
Nobuatsu Aoki
|
Telefonica Movistar Suzuki | Suzuki | 48'36.474 | 30 | 13 | 12 |
| 5 | 10 |
Alex Barros
|
Emerson Honda Pons | Honda | 48'42.046 | 30 | 11 | 7 |
| 6 | 55 |
Regis Laconi
|
Red Bull Yamaha WCM | Yamaha | 48'43.910 | 30 | 10 | 10 |
| 7 | 7 |
Carlos Checa
|
Marlboro Yamaha Team | Yamaha | 48'47.766 | 30 | 9 | 6 |
| 8 | 5 |
Sete Gibernau
|
Repsol Honda Team | Honda | 48'48.893 | 30 | 8 | 9 |
| 9 | 8 |
Tadayuki Okada
|
Repsol Honda Team | Honda | 48'49.145 | 30 | 7 | 14 |
| 10 | 17 |
Jurgen van den Goorbergh
|
Rizla Honda | Honda | 49'05.305 | 30 | 6 | 8 |
| 11 | 11 |
David De Gea
|
Proton Team KR | 49'05.481 | 30 | 5 | 15 | |
| 12 | 25 |
Jose Luis Cardoso
|
Maxon Dee Cee Jeans | 49'27.264 | 30 | 4 | 18 | |
| 13 | 33 |
David Tomás
|
Queroseno Racing Team | 48'28.800 | 29 | 3 | 19 | |
| 14 | 15 |
Yoshiteru Konishi
|
F.C.C. TSR | 48'28.800 | 29 | 2 | 20 | |
| 15 | 20 |
Phil Giles
|
Sabre Sport | 48'28.800 | 29 | 1 | 22 | |
| 1 | 31 |
Tetsuya Harada
|
Aprilia Grand Prix Racing | Aprilia | 1 | 0 | 17 | |
| 2 | 6 |
Norick Abe
|
Antena 3 Yamaha d\'Antin | Yamaha | 3 | 0 | 16 | |
| 3 | 18 |
Sébastien Le Grelle
|
Tecmas Honda Elf | Honda | 3 | 0 | 21 | |
| 4 | 99 |
Jeremy McWilliams
|
Aprilia Grand Prix Racing | Aprilia | 6 | 0 | 13 | |
| 5 | 65 |
Loris Capirossi
|
Emerson Honda Pons | Honda | 10 | 0 | 3 | |
| 6 | 1 |
Alex Criville
|
Repsol Honda Team | Honda | 12 | 0 | 11 | |
| 7 | 43 |
Paulo Tessari
|
Team Paton | 15 | 0 | 23 | ||
| 8 | 46 |
Valentino Rossi
|
Nastro Azzurro Team | 26 | 0 | 5 |
Ricardo Tormo motorcycle circuit