Race Result
| GP n. 602 - 11/05/1997 - Grand Prix of Monaco Circuit de Monte Carlo |
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| Winner: | Michael Schumacher / Ferrari - 2:00'05.654 | ||||||
| Pole Position: | Heinz-Harald Frentzen / Williams-Renault - 1:18.216 | ||||||
| Fastest Lap: | Michael Schumacher / Ferrari - 1:53.315 | ||||||
| Pos | Nš | Driver | Constructor | Laps | Time/Retired | Grid | Points |
| 1 | 5 |  Michael Schumacher |
Ferrari | 62 | 2:00'05.654 | 2 | 10 |
| 2 | 22 |  Rubens Barrichello |
Stewart-Ford | 62 | +53.306 | 10 | 6 |
| 3 | 6 |  Eddie Irvine |
Ferrari | 62 | +1'22.108 | 15 | 4 |
| 4 | 14 |  Olivier Panis |
Prost-Mugen-Honda | 62 | +1'44.402 | 12 | 3 |
| 5 | 19 |  Mika Salo |
Tyrrell-Ford | 61 | +1 lap | 14 | 2 |
| 6 | 12 |  Giancarlo Fisichella |
Jordan-Peugeot | 61 | +1 lap | 4 | 1 |
| 7 | 23 |  Jan Magnussen |
Stewart-Ford | 61 | +1 lap | 19 | 0 |
| 8 | 18 |  Jos Verstappen |
Tyrrell-Ford | 60 | +2 laps | 22 | 0 |
| 9 | 8 |  Gerhard Berger |
Benetton-Renault | 60 | +2 laps | 17 | 0 |
| 10 | 20 |  Ukyo Katayama |
Minardi-Hart | 60 | +2 laps | 20 | 0 |
| Ret | 4 | Heinz-Harald Frentzen |
Williams-Renault | 39 | spun off | 1 | 0 |
| Ret | 15 | Shinji Nakano |
Prost-Mugen-Honda | 36 | spun off | 21 | 0 |
| Ret | 17 | Nicola Larini |
Sauber-Petronas | 24 | spun off | 11 | 0 |
| Ret | 7 | Jean Alesi |
Benetton-Renault | 16 | spun off | 9 | 0 |
| Ret | 3 |  Jacques Villeneuve |
Williams-Renault | 16 | spun off | 3 | 0 |
| Ret | 11 | Ralf Schumacher |
Jordan-Peugeot | 10 | spun off | 6 | 0 |
| Ret | 16 | Johnny Herbert |
Sauber-Petronas | 9 | spun off | 7 | 0 |
| Ret | 21 | Jarno Trulli |
Minardi-Hart | 7 | spun off | 18 | 0 |
| Ret | 1 | Damon Hill |
Arrows-Yamaha | 1 | spun off | 13 | 0 |
| Ret | 9 | Mika Hakkinen |
McLaren-Mercedes | 1 | collision | 8 | 0 |
| Ret | 10 | David Coulthard |
McLaren-Mercedes | 1 | spun off | 5 | 0 |
| Ret | 2 | Pedro Diniz |
Arrows-Yamaha | 0 | spun off | 16 | 0 |