March 7, 2004 Albert Park | Lap distance 5.303 km
Championship standings | 2004 season
| Pos | Points | No | Driver | Car | Engine | Tyres | Laps | Race Time | Delay | Qualifying | Fastest Lap | |||
| 1 | 10 | 1 | Michael Schumacher (GER) | Ferrari F2004 | Ferrari 053 | Bridgestone | 58 | 1:24'15.757 | 1 | 1'24.408 | 1 | 1'24.125 | (29) | |
| 2 | 8 | 2 | Rubens Barrichello (BRA) | Ferrari F2004 | Ferrari 053 | Bridgestone | 58 | 1:24'29.362 | +13.605 | 2 | 1'24.482 | 2 | 1'24.179 | (8) |
| 3 | 6 | 8 | Fernando Alonso (ESP) | Renault R24 | Renault RS24 | Michelin | 58 | 1:24'50.430 | +34.673 | 5 | 1'25.699 | 3 | 1'25.088 | (10) |
| 4 | 5 | 4 | Ralf Schumacher (GER) | Williams FW26 | BMW P84 | Michelin | 58 | 1:25'16.180 | +1'00.423 | 8 | 1'25.925 | 5 | 1'25.824 | (11) |
| 5 | 4 | 3 | Juan Pablo Montoya (COL) | Williams FW26 | BMW P84 | Michelin | 58 | 1:25'24.293 | +1'08.536 | 3 | 1'24.998 | 4 | 1'25.286 | (42) |
| 6 | 3 | 9 | Jenson Button (GBR) | BAR 006 | Honda RA004E | Michelin | 58 | 1:25'26.355 | +1'10.598 | 4 | 1'24.998 | 7 | 1'25.982 | (24) |
| 7 | 2 | 7 | Jarno Trulli (ITA) | Renault R24 | Renault RS24 | Michelin | 57 | 1:24'16.785 | +1 lap | 9 | 1'26.290 | 9 | 1'26.275 | (9) |
| 8 | 1 | 5 | David Coulthard (GBR) | McLaren MP4-19 | Mercedes FO110Q | Michelin | 57 | 1:24'21.176 | +1 lap | 12 | 1'27.294 | 11 | 1'26.328 | (13) |
| 9 | 10 | Takuma Sato (JPN) | BAR 006 | Honda RA004E | Michelin | 57 | 1:24'44.971 | +1 lap | 7 | 1'25.851 | 8 | 1'26.077 | (43) | |
| 10 | 11 | Giancarlo Fisichella (ITA) | Alfa Romeo C23 | Petronas 04A | Bridgestone | 57 | 1:25'22.074 | +1 lap | 14 | 1'27.845 | 10 | 1'26.282 | (39) | |
| 11 | 15 | Christian Klien (AUT) | Jaguar R5 | Cosworth CR-6 | Michelin | 56 | 1:24'34.124 | +2 laps | 19 | - | 16 | 1'27.840 | (6) | |
| 12 | 16 | Cristiano da Matta (BRA) | Toyota TF104 | Toyota RVX-04 | Michelin | 56 | 1:24'41.762 | +2 laps | 13 | 1'27.823 | 15 | 1'27.820 | (41) | |
| 13 | 17 | Olivier Panis (FRA) | Toyota TF104 | Toyota RVX-04 | Michelin | 56 | 1:25'22.928 | +2 laps | 18 | - | 14 | 1'27.807 | (35) | |
| 14 | 19 | Giorgio Pantano (ITA) | Jordan EJ14 | Ford Cosworth RS2 | Bridgestone | 55 | 1:24'16.656 | +3 laps | 16 | 1'30.140 | 18 | 1'28.523 | (15) | |
| Not classified | ||||||||||||||
| -- | 20 | Gianmaria Bruni (ITA) | Minardi PS04B | Cosworth CR-3L | Bridgestone | 43 | 1:25'15.517 | 20 | - | 19 | 1'30.161 | (10) | ||
| Retirement | ||||||||||||||
| engine | 12 | Felipe Massa (BRA) | Alfa Romeo C23 | Petronas 04A | Bridgestone | 44 | 1:05'48.241 | 11 | 1'27.065 | 12 | 1'26.846 | (11) | ||
| clutch | 18 | Nick Heidfeld (GER) | Jordan EJ14 | Ford Cosworth RS2 | Bridgestone | 43 | 1:06'09.622 | 15 | 1'28.178 | 13 | 1'27.503 | (27) | ||
| gearbox | 14 | Mark Webber (AUS) | Jaguar R5 | Cosworth CR-6 | Michelin | 29 | 43'24.415 | 6 | 1'25.805 | 6 | 1'25.952 | (15) | ||
| engine | 21 | Zsolt Baumgartner (HUN) | Minardi PS04B | Cosworth CR-3L | Bridgestone | 13 | 21'44.263 | 17 | 1'30.681 | 20 | 1'30.621 | (8) | ||
| engine | 6 | Kimi Räikkönen (FIN) | McLaren MP4-19 | Mercedes FO110Q | Michelin | 9 | 13'27.377 | 10 | 1'26.297 | 17 | 1'27.936 | (7) | ||
| Free practice | ||||||||||||||
| -- | 35 | Anthony Davidson (GBR) | BAR 006 | Honda RA004E | Michelin | |||||||||
| -- | 37 | Björn Wirdheim (SWE) | Jaguar R5 | Cosworth CR-6 | Michelin | |||||||||
| -- | 38 | Ricardo Zonta (BRA) | Toyota TF104 | Toyota RVX-04 | Michelin | |||||||||
| -- | 39 | Timo Glock (GER) | Jordan EJ14 | Ford Cosworth RS2 | Bridgestone | |||||||||
