Race held at the Ricardo Tormo circuit
| Position | No. | Pilot | Team | Brand | Time | Laps | Points | Start |
|---|---|---|---|---|---|---|---|---|
| 1 | 15 |
Sete Gibernau
|
Telefonica Movistar Suzuki | Suzuki | 54'39.391 | 30 | 25 | 12 |
| 2 | 4 |
Alex Barros
|
West Honda Pons | Honda | 54'39.684 | 30 | 20 | 11 |
| 3 | 1 |
Kenny Jr Roberts
|
Telefonica Movistar Suzuki | Suzuki | 54'40.632 | 30 | 16 | 7 |
| 4 | 7 |
Carlos Checa
|
Marlboro Yamaha Team | Yamaha | 54'46.443 | 30 | 13 | 8 |
| 5 | 19 |
Olivier Jacque
|
Gauloises Yamaha Tech3 | Yamaha | 55'09.200 | 30 | 11 | 14 |
| 6 | 11 |
Tohru Ukawa
|
Repsol Ypf Honda Team | Honda | 55'09.254 | 30 | 10 | 10 |
| 7 | 56 |
Shinya Nakano
|
Gauloises Yamaha Tech3 | Yamaha | 55'10.484 | 30 | 9 | 3 |
| 8 | 6 |
Norifumi Abe
|
Antena 3 Yamaha d\'Antin | Yamaha | 55'11.000 | 30 | 8 | 13 |
| 9 | 17 |
Jurgen van den Goorbergh
|
Proton Team KR | 55'12.174 | 30 | 7 | 9 | |
| 10 | 3 |
Max Biaggi
|
Marlboro Yamaha Team | Yamaha | 55'17.165 | 30 | 6 | 1 |
| 11 | 46 |
Valentino Rossi
|
Nastro Azzurro Team | 55'19.903 | 30 | 5 | 2 | |
| 12 | 5 |
Garry McCoy
|
Red Bull Yamaha WCM | Yamaha | 56'16.134 | 30 | 4 | 5 |
| 13 | 14 |
Anthony West
|
Dee Cee Jeans Racing Team | 55'20.175 | 29 | 3 | 18 | |
| 14 | 16 |
Johan Stigefelt
|
Sabre Sport | 56'04.257 | 29 | 2 | 21 | |
| 15 | 21 |
Barry Veneman
|
Dee Cee Jeans Racing Team | 54'44.837 | 28 | 1 | 20 | |
| 16 | 9 |
Leon Haslam
|
Shell Advance Honda | Honda | 55'57.260 | 28 | 0 | 19 |
| 17 | 10 |
Jose Luis Cardoso
|
Antena 3 Yamaha d\'Antin | Yamaha | 55'32.592 | 26 | 0 | 16 |
| 1 | 18 |
Brendan Clarke
|
Shell Advance Honda | Honda | 30'41.390 | 16 | 0 | 22 |
| 2 | 28 |
Alex Criville
|
Repsol Ypf Honda Team | Honda | 15'07.509 | 23 | 0 | 6 |
| 3 | 41 |
Noriyuki Haga
|
Red Bull Yamaha WCM | Yamaha | 2'23.536 | 29 | 0 | 15 |
Ricardo Tormo motorcycle circuit