Race Result
| GP n. 2 - 21/05/1950 - Grand Prix of Monaco Circuit de Monte Carlo |
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| Winner: | Juan Manuel Fangio / Alfa Romeo - 3:13'16.7 | ||||||
| Pole Position: | Juan Manuel Fangio / Alfa Romeo - 1:50.2 | ||||||
| Fastest Lap: | Juan Manuel Fangio / Alfa Romeo - 1:51.0 | ||||||
| Pos | Nš | Driver | Constructor | Laps | Time/Retired | Grid | Points |
| 1 | 34 |  Juan Manuel Fangio |
Alfa Romeo | 100 | 3:13'16.7 | 1 | 9 |
| 2 | 40 |  Alberto Ascari |
Ferrari | 99 | + 1 lap | 7 | 6 |
| 3 | 48 |  Louis Chiron |
Maserati | 98 | + 2 laps | 8 | 4 |
| 4 | 42 |  Raymond Sommer |
Ferrari | 97 | + 3 laps | 9 | 3 |
| 5 | 50 |  Prince Bira |
Maserati | 95 | + 5 laps | 15 | 2 |
| 6 | 26 |  Bob Gerard |
ERA | 94 | + 6 laps | 16 | 0 |
| 7 | 6 |  Johnny Claes |
Talbot-Lago-Talbot | 94 | + 6 laps | 18 | 0 |
| Ret | 38 | Luigi Villoresi |
Ferrari | 63 | axle | 6 | 0 |
| Ret | 14 | Philippe Etancelin |
Talbot-Lago-Talbot | 38 | oil leak | 4 | 0 |
| Ret | 2 | Jose Froilan Gonzalez |
Maserati | 1 | accident | 3 | 0 |
| Ret | 32 | Nino Farina |
Alfa Romeo | 0 | accident | 2 | 0 |
| Ret | 36 | Luigi Fagioli |
Alfa Romeo | 0 | accident | 5 | 0 |
| Ret | 8 |  Harry Schell |
Cooper-JAP | 0 | collision | 19 | 0 |
| Ret | 24 | Cuth Harrison |
ERA | 0 | accident | 14 | 0 |
| Ret | 44 | Franco Rol |
Maserati | 0 | accident | 17 | 0 |
| Ret | 52 |  Toulo de Graffenried |
Maserati | 0 | accident | 12 | 0 |
| Ret | 10 | Robert Manzon |
Simca-Gordini | 0 | accident | 11 | 0 |
| Ret | 12 | Maurice Trintignant |
Simca-Gordini | 0 | accident | 13 | 0 |
| Ret | 16 | Louis Rosier |
Talbot-Lago-Talbot | 0 | accident | 10 | 0 |