| team | car | entry | driver | | start | finish | chassis | engine | laps led | * |
| Penske | 31 | Marlboro | Al Unser Jr. |  | 1 | 1 | Penske PC-23/94 [007] | Mercedes 500I | 48 | |
| Forsythe-Green | 12 | Player's Ltd. | Jacques Villeneuve |  | 4 | 2 | Reynard 94i [007] | Ford XB | 7 | |
| Rahal/Hogan | 4 | Miller Genuine Draft | Bobby Rahal | | 28 | 3 | Penske PC-22/93 [002] | Ilmor V8/D | | |
| Hayhoe | 18 | Conseco/STP | Jimmy Vasser | | 16 | 4 | Reynard 94i [012] | Ford XB | | |
| Walker | 9 | Valvoline/Cummins | Robby Gordon | | 19 | 5 | Lola T9400 [HU04] | Ford XB | | |
| Ganassi | 8 | Target/Scotch Video | Michael Andretti | | 5 | 6 | Reynard 94i [011] | Ford XB | | |
| Hall Racing | 11 | Pennzoil | Teo Fabi |  | 24 | 7 | Reynard 94i [006] | Ilmor V8/D | | |
| Menard | 27 | Quaker State | Eddie Cheever | | 11 | 8 | Lola T9300 [HU25] | Menard V6-B | | |
| AJ Foyt | 14 | Copenhagen | Bryan Herta | | 22 | 9 | Lola T9400 [HU08] | Ford XB | | |
| AJ Foyt | 33 | Byrd's Cafeteria/Bryant Heating | John Andretti | | 10 | 10 | Lola T9400 | Ford XB | | |
| Ganassi | 88 | Hollywood | Mauricio Gugelmin |  | 29 | 11 | Reynard 94i [002] | Ford XB | | |
| Dale Coyne | 19 | Mi-Jack | Brian Till | | 21 | 12 | Lola T9306 [HU15] | Ford XB | | |
| Hemelgarn | 91 | Delta Faucet/Jack's | Stan Fox | | 13 | 13 | Reynard 94i [014] | Ford XB | | |
| Dick Simon | 22 | Panasonic/Duskin | Hiro Matsushita |  | 18 | 14 | Lola T9400 [HU32] | Ford XB | | |
| Bettenhausen | 16 | Alumax Aluminium | Stefan Johansson |  | 27 | 15 | Penske PC-22/93 [008] | Ilmor V8/D | | |
| PacWest | 71 | Columbia Helicopters | Scott Sharp | | 17 | 16 | Lola T9400 [HU24] | Ford XB | | |
| Penske | 2 | Marlboro | Emerson Fittipaldi | | 3 | 17 | Penske PC-23/94 [003] | Mercedes 500I | 145 | |
| Indy Regency | 28 | Eurosport/Boost Monaco | Arie Luyendyk |  | 8 | 18 | Lola T9400 [HU19] | Ilmor V8/D | | |
| Dick Simon | 90 | J.C. Penney/Reebok | Lyn St James | | 6 | 19 | Lola T9400 [HU29] | Ford XB | | |
| Menard | 59 | Glidden Paint | Scott Brayton | | 23 | 20 | Lola T9300 [HU20] | Menard V6-B | | |
| Dick Simon | 5 | Duracell | Raul Boesel | | 2 | 21 | Lola T9400 [HU01] | Ford XB | | |
| Newman-Haas | 1 | Kmart/Texaco/Havoline | Nigel Mansell |  | 7 | 22 | Lola T9400 [HU16] | Ford XB | | |
| Penske | 3 | Marlboro | Paul Tracy | | 25 | 23 | Penske PC-23/94 [001] | Mercedes 500I | | |
| Dick Simon | 99 | Lawson/Beck-Simon | Hideshi Matsuda | | 14 | 24 | Lola T9306 [HU01] | Ford XB | | |
| ProFormance | 45 | Cybergenics | John Paul Jr. | | 30 | 25 | Lola T9307 [HU19] | Ilmor V8/C+ | | |
| Dick Simon | 79 | Hooligans/Carlo/Charter America | Dennis Vitolo | | 15 | 26 | Lola T9306 [HU14] | Ford XB | | |
| Arciero | 25 | Int. Sports Ltd/Arciero-Simon | Marco Greco | | 32 | 27 | Lola T9400 [HU22] | Ford XB | | |
| Galles | 7 | Tecate/Quaker State | Adrian Fernandez |  | 26 | 28 | Reynard 94i [008] | Ilmor V8/D | | |
| PacWest | 17 | Columbia Helicopters | Dominic Dobson | | 12 | 29 | Lola T9400 [HU27] | Ford XB | | |
| King Racing | 40 | Budweiser | Scott Goodyear | | 33 | 30 | Lola T9400 [HU03] | Ford XB | | |
| Rahal/Hogan | 10 | Motorola | Mike Groff | | 31 | 31 | Penske PC-22/93 [007] | Ilmor V8/C+ | | |
| Newman-Haas | 6 | Kmart/Texaco/Havoline | Mario Andretti | | 9 | 32 | Lola T9400 [HU25] | Ford XB | | |
| Pagan | 21 | Interstate Battery | Roberto Guerrero |  | 20 | 33 | Lola T9200 [HU10] | Buick 3300 V6 | | |
| AJ Foyt | 14 | Copenhagen | Bryan Herta | | | DNS | Lola T9306 | Ford XB | | |
| AJ Foyt | 14 | Copenhagen | Johnny Rutherford | | | DNS | Lola T9306 | Ford XB | | |
| AJ Foyt | 41 | Copenhagen | Bryan Herta | | | DNS | Lola T9400 | Ford XB | | |
| Arciero | 25 | Int. Sports Ltd/Arciero-Simon | Marco Greco | | | DNS | Lola T9306 | Ford XB | | |
| Arizona Motorsports | 44 | Arizona Motorsports | Al Unser | | | DNS | Lola T9306 | Ford XB | | |
| Arizona Motorsports | 44 | Arizona Motorsports | Al Unser | | | DNS | Lola T9400 | Ford XB | | |
| Arizona Motorsports | 44 | Arizona Motorsports | Roberto Moreno | | | DNS | Lola T9400 | Ford XB | | |
| Arizona Motorsports | 44 | Arizona Motorsports | Tero Palmroth |  | | DNS | Lola T9400 | Ford XB | | |
| Bettenhausen | 16 | Alumax Aluminium | Gary Bettenhausen | | | DNS | Penske PC-22/93 | Ilmor V8/D | | |
| Bettenhausen | 61 | Alumax Aluminium | Gary Bettenhausen | | | DNS | Penske PC-22/93 | Ilmor V8/C+ | | |
| Burns Racing | 66 | Burns Racing | |  | | DNS | Galmer G92 | Chevy V8/C+ | | |
| Dale Coyne | 39 | AGFA | Ross Bentley | | | DNS | Lola T9200 | Ilmor V8/A | | |
| Dick Simon | 5 | Duracell | Raul Boesel | | | DNS | Lola T9306 | Ford XB | | 15 |
| Dick Simon | 5 | Duracell | Buddy Lazier | | | DNS | Lola T9200 [HU09] | Buick 3300 V6 | | |
| Dick Simon | 5 | Duracell | Dennis Vitolo | | | DNS | Lola T9200 [HU09] | Buick 3300 V6 | | |
| Dick Simon | 5 | Duracell | Marco Greco | | | DNS | Lola T9200 [HU09] | Buick 3300 V6 | | |
| Dick Simon | 5 | Duracell | Stephan Gregoire |  | | DNS | Lola T9200 [HU09] | Buick 3300 V6 | | |
| Dick Simon | 5 | Duracell | Tero Palmroth | | | DNS | Lola T9200 [HU09] | Buick 3300 V6 | | |
| Dick Simon | 22 | Panasonic/Duskin | Raul Boesel | | | DNS | Lola T9400 [HU32] | Ford XB | | |
| Forsythe-Green | 12 | Player's Ltd. | Jacques Villeneuve | | | DNS | Reynard 94i [004] | Ford XB | | |
| Galles | 7 | Tecate/Quaker State | Adrian Fernandez | | | DNS | Reynard 94i [003] | Ilmor V8/D | | |
| Ganassi | 8 | Target/Scotch Video | Michael Andretti | | | DNS | Reynard 94i [001] | Ford XB | | |
| Ganassi | 88 | Hollywood | Mauricio Gugelmin | | | DNS | Reynard 94i [005] | Ford XB | | |
| Ganassi | 89 | Hollywood | Mauricio Gugelmin | | | DNS | Reynard 94i [002] | Ford XB | | |
| Greenfield | 42 | Greenfield Industries | Johnny Parsons Jr | | | DNS | Lola T9300 | Greenfield GC209T | | |
| Hemelgarn | 94 | Hemelgarn Racing | Stan Fox | | | DNS | Lola T9200 [HU12] | Buick 3300 V6 | | |
| Hemelgarn | 94 | Hemelgarn Racing | Buddy Lazier | | | DNS | Lola T9200 [HU12] | Buick 3300 V6 | | |
| Hemelgarn | 94 | Hemelgarn Racing | Jeff Andretti | | | DNS | Lola T9200 [HU12] | Buick 3300 V6 | | |
| Hemelgarn | 95 | Hemelgarn Racing | Stan Fox | | | DNS | Lola T9100 [HU02] | Buick 3300 V6 | | |
| Indy Regency | 28 | Eurosport/Boost Monaco | Arie Luyendyk | | | DNS | Lola T9400 [HU11] | Ilmor V8/D | | |
| King Racing | 40 | Budweiser | Davy Jones | | | DNS | Lola T9400 [HU03] | Ford XB | | |
| Leader Card | 23 | Financial World Magazine | Buddy Lazier | | | DNS | Lola T9307 | Ilmor V8/C+ | | |
| McCormack | 30 | McCormack Motorsports | Fredrik Ekblom | | | DNS | Lola T9307 | Ilmor V8/C+ | | |
| McCormack | 30 | Cybergenics | Stephan Gregoire | | | DNS | Lola T9307 | Ilmor V8/C+ | | |
| McCormack | 30 | Cybergenics | Pancho Carter | | | DNS | Lola T9307 | Ilmor V8/C+ | | |
| Menard | 27 | Quaker State | Eddie Cheever | | | DNS | Lola T9300 [HU20] | Menard V6-B | | |
| Menard | 27 | Glidden Paint | Scott Brayton | | | DNS | Lola T9300 [HU20] | Menard V6-B | | |
| Menard | 51 | Glidden Paint | Eddie Cheever | | | DNS | Lola T9200 [HU08] | Menard V6-B | | |
| Menard | 59 | Glidden Paint | Eddie Cheever | | | DNS | Lola T9300 | Menard V6-B | | |
| Menard | 59 | Glidden Paint | Geoff Brabham |  | | DNS | Lola T9300 | Menard V6-B | | |
| Newman-Haas | 1 | Kmart/Texaco/Havoline | Bryan Herta | | | DNS | Lola T9400 [HU16] | Ford XB | | |
| Newman-Haas | 6 | Kmart/Texaco/Havoline | Mario Andretti | | | DNS | Lola T9400 [HU20] | Ford XB | | |
| PacWest | 71 | Columbia Helicopters | Dominic Dobson | | | DNS | Lola T9400 | Ford XB | | |
| Pagan | 21 | Interstate Battery | Roberto Guerrero | | | DNS | Lola T9200 [HU06] | Buick 3300 V6 | | |
| Penske | 2 | Marlboro | Paul Tracy | | | DNS | Penske PC-23/94 | Mercedes 500I | | |
| Penske | 2 | Marlboro | Al Unser Jr. | | | DNS | Penske PC-23/94 | Mercedes 500I | | |
| Penske | 3 | Marlboro | Emerson Fittipaldi | | | DNS | Penske PC-23/94 | Mercedes 500I | | |
| Penske | 3 | Marlboro | Al Unser Jr. | | | DNS | Penske PC-23/94 | Mercedes 500I | | |
| Penske | 31 | Marlboro | Emerson Fittipaldi | | | DNS | Penske PC-23/94 [001] | Mercedes 500I | | |
| Penske | 31 | Marlboro | Al Unser Jr. | | | DNS | Penske PC-23/94 [001] | Mercedes 500I | | |
| Penske | 31 | Marlboro | Paul Tracy | | | DNS | Penske PC-23/94 [001] | Mercedes 500I | | |
| Penske | 31 | Marlboro | Paul Tracy | | | DNS | Penske PC-23/94 [007] | Mercedes 500I | | |
| Penske | 52 | Penske Racing | Paul Tracy | | | DNS | Penske PC-22/93 [007] | Ilmor V8/C+ | | |
| ProFormance | 46 | ProFormance Motorsports | John Paul Jr. | | | DNS | Lola T9307 | Ilmor V8/C+ | | |
| Project Indy | 64 | Marcelo Group | Didier Theys |  | | DNS | Lola T9306 [HU04] | Ford XB | | |
| Rahal/Hogan | 4 | Miller Genuine Draft | Bobby Rahal | | | DNS | Lola T9400 [HU10] | Honda HRX | | |
| Rahal/Hogan | 10 | Motorola | Mike Groff | | | DNS | Lola T9400 [HU21] | Honda HRX | | |
| Rahal/Hogan | 50 | Miller Genuine Draft | Bobby Rahal | | | DNS | Penske PC-22/93 [002] | Ilmor V8/D | | |
| Rahal/Hogan | 52 | Miller Genuine Draft | Bobby Rahal | | | DNS | Penske PC-22/93 [007] | Ilmor V8/C+ | | |
| Rahal/Hogan | 52 | Motorola | Mike Groff | | | DNS | Penske PC-22/93 [007] | Ilmor V8/C+ | | |
| Riley & Scott | 74 | Riley & Scott | Jim Crawford | | | DNS | Lola T9100 | Buick 3300 V6 | | |
| Walker | 9 | Valvoline/Cummins | Robby Gordon | | | DNS | Lola T9400 [HU09] | Ford XB | | |
| Walker | 9 | Valvoline/Cummins | Willy T Ribbs | | | DNS | Lola T9400 [HU09] | Ford XB | | |
| Walker | 9 | Valvoline/Cummins | Mark Smith | | | DNS | Lola T9400 [HU09] | Ford XB | | |
| Walker | 15 | Craftsman Tools | Mark Smith | | | DNS | Lola T9306 | Ford XB | | |
| Walker | 15 | Craftsman Tools | Mark Smith | | | DNS | Lola T9400 | Ford XB | | |
| Walker | 15 | Craftsman Tools | Robby Gordon | | | DNS | Lola T9400 | Ford XB | | |
| Walker | 24 | Service Merchandise | Willy T Ribbs | | | DNS | Lola T9306 | Ford XB | | |
| Walker | 24 | Service Merchandise | Willy T Ribbs | | | DNS | Lola T9400 [HU30] | Ford XB | | |
| Walker | 24 | Service Merchandise | Robby Gordon | | | DNS | Lola T9400 [HU30] | Ford XB | | |
