Race held at the Jerez de la Frontera circuit
| Position | No. | Pilot | Team | Brand | Time | Laps | Points | Start |
|---|---|---|---|---|---|---|---|---|
| 1 | 46 |
Valentino Rossi
|
Nastro Azzurro Team | 47'15.126 | 27 | 25 | 1 | |
| 2 | 6 |
Norifumi Abe
|
Antena 3 Yamaha d\'Antin | Yamaha | 47'17.433 | 27 | 20 | 3 |
| 3 | 28 |
Alex Criville
|
Repsol Ypf Honda Team | Honda | 47'17.971 | 27 | 16 | 12 |
| 4 | 56 |
Shinya Nakano
|
Gauloises Yamaha Tech3 | Yamaha | 47'19.283 | 27 | 13 | 4 |
| 5 | 11 |
Tohru Ukawa
|
Repsol Ypf Honda Team | Honda | 47'21.058 | 27 | 11 | 6 |
| 6 | 4 |
Alex Barros
|
West Honda Pons | Honda | 47'22.703 | 27 | 10 | 7 |
| 7 | 1 |
Kenny Jr Roberts
|
Telefonica Movistar Suzuki | Suzuki | 47'29.585 | 27 | 9 | 8 |
| 8 | 65 |
Loris Capirossi
|
West Honda Pons | Honda | 47'34.096 | 27 | 8 | 2 |
| 9 | 5 |
Garry McCoy
|
Red Bull Yamaha WCM | Yamaha | 47'34.851 | 27 | 7 | 11 |
| 10 | 15 |
Sete Gibernau
|
Telefonica Movistar Suzuki | Suzuki | 47'35.365 | 27 | 6 | 14 |
| 11 | 3 |
Max Biaggi
|
Marlboro Yamaha Team | Yamaha | 47'35.747 | 27 | 5 | 5 |
| 12 | 41 |
Noriyuki Haga
|
Red Bull Yamaha WCM | Yamaha | 47'45.017 | 27 | 4 | 10 |
| 13 | 17 |
Jurgen van den Goorbergh
|
Proton Team KR | 47'57.964 | 27 | 3 | 9 | |
| 14 | 7 |
Carlos Checa
|
Marlboro Yamaha Team | Yamaha | 48'00.656 | 27 | 2 | 13 |
| 15 | 14 |
Anthony West
|
Dee Cee Jeans Racing Team | 48'00.974 | 27 | 1 | 19 | |
| 16 | 9 |
Leon Haslam
|
Shell Advance Honda | Honda | 48'17.484 | 27 | 0 | 16 |
| 17 | 16 |
Johan Stigefelt
|
Sabre Sport | 48'28.207 | 27 | 0 | 18 | |
| 18 | 24 |
Jason Vincent
|
Pulse Gp | 48'38.320 | 27 | 0 | 20 | |
| 19 | 68 |
Mark Willis
|
Pulse Gp | 47'52.366 | 26 | 0 | 22 | |
| 1 | 8 |
Chris Walker
|
Shell Advance Honda | Honda | 9'00.857 | 22 | 0 | 17 |
| 2 | 10 |
Jose Luis Cardoso
|
Antena 3 Yamaha d\'Antin | Yamaha | 7'19.725 | 23 | 0 | 15 |
| 3 | 21 |
Barry Veneman
|
Dee Cee Jeans Racing Team | 5'34.866 | 24 | 0 | 21 |
Jerez de la Frontera motorcycle circuit