Race Result
| GP n. 634 - 16/05/1999 - Grand Prix of Monaco Circuit de Monte Carlo |
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| Winner: | Michael Schumacher / Ferrari - 1:49'31.812 | ||||||
| Pole Position: | Mika Hakkinen / McLaren-Mercedes - 1:20.547 | ||||||
| Fastest Lap: | Mika Hakkinen / McLaren-Mercedes - 1:22.259 | ||||||
| Pos | Nš | Driver | Constructor | Laps | Time/Retired | Grid | Points |
| 1 | 3 |  Michael Schumacher |
Ferrari | 78 | 1:49'31.812 | 2 | 10 |
| 2 | 4 |  Eddie Irvine |
Ferrari | 78 | +30.476 | 4 | 6 |
| 3 | 1 |  Mika Hakkinen |
McLaren-Mercedes | 78 | +37.483 | 1 | 4 |
| 4 | 8 | Heinz-Harald Frentzen |
Jordan-Mugen-Honda | 78 | +54.009 | 6 | 3 |
| 5 | 9 |  Giancarlo Fisichella |
Benetton-Playlife | 77 | +1 lap | 9 | 2 |
| 6 | 10 |  Alexander Wurz |
Benetton-Playlife | 77 | +1 lap | 10 | 1 |
| 7 | 19 | Jarno Trulli |
Prost-Peugeot | 77 | +1 lap | 7 | 0 |
| 8 | 5 | Alessandro Zanardi |
Williams-Supertec | 76 | +2 laps | 11 | 0 |
| 9 | 16 |  Rubens Barrichello |
Stewart-Ford | 71 | spun off | 5 | 0 |
| Ret | 6 | Ralf Schumacher |
Williams-Supertec | 54 | spun off | 16 | 0 |
| Ret | 11 |  Jean Alesi |
Sauber-Petronas | 50 | suspension | 14 | 0 |
| Ret | 12 | Pedro Diniz |
Sauber-Petronas | 49 | suspension | 15 | 0 |
| Ret | 18 | Olivier Panis |
Prost-Peugeot | 40 | engine | 18 | 0 |
| Ret | 15 |  Toranosuke Takagi |
Arrows | 36 | engine | 19 | 0 |
| Ret | 23 | Mika Salo |
BAR-Supertec | 36 | brakes | 12 | 0 |
| Ret | 2 | David Coulthard |
McLaren-Mercedes | 36 | gearbox | 3 | 0 |
| Ret | 22 |  Jacques Villeneuve |
BAR-Supertec | 32 | oil leak | 8 | 0 |
| Ret | 17 | Johnny Herbert |
Stewart-Ford | 32 | suspension | 13 | 0 |
| Ret | 14 |  Pedro de la Rosa |
Arrows | 30 | gearbox | 21 | 0 |
| Ret | 21 | Marc Gene |
Minardi-Ford | 24 | spin | 22 | 0 |
| Ret | 20 | Luca Badoer |
Minardi-Ford | 10 | gearbox | 20 | 0 |
| Ret | 7 | Damon Hill |
Jordan-Mugen-Honda | 3 | collision | 17 | 0 |