24/07/2004
NEWS STORY
| Pos | Driver | Team | T | Time | Gap |
| 1 | M Schumacher | Ferrari | B | 1:13.306 | 139.576 mph |
| 2 | Montoya | WilliamsF1 | M | 1:13.668 | 0.362 |
| 3 | Button | BAR | M | 1:13.674 | 0.368 |
| 4 | Raikkonen | McLaren | M | 1:13.690 | 0.384 |
| 5 | Coulthard | McLaren | M | 1:13.821 | 0.515 |
| 6 | Alonso | Renault | M | 1:13.874 | 0.568 |
| 7 | Trulli | Renault | M | 1:14.134 | 0.828 |
| 8 | Barrichello | Ferrari | B | 1:14.278 | 0.972 |
| 9 | Sato | BAR | M | 1:14.287 | 0.981 |
| 10 | Panis | Toyota | M | 1:14.368 | 1.062 |
| 11 | Pizzonia | WilliamsF1 | M | 1:14.556 | 1.250 |
| 12 | Webber | Jaguar | M | 1:14.802 | 1.496 |
| 13 | Klien | Jaguar | M | 1:15.011 | 1.705 |
| 14 | Fisichella | Sauber | B | 1:15.395 | 2.089 |
| 15 | da Matta | Toyota | M | 1:15.454 | 2.148 |
| 16 | Massa | Sauber | B | 1:15.616 | 2.310 |
| 17 | Pantano | Jordan | B | 1:16.192 | 2.886 |
| 18 | Heidfeld | Jordan | B | 1:16.310 | 3.004 |
| 19 | Bruni | Minardi | B | 1:18.055 | 4.749 |
| 20 | Baumgartner | Minardi | B | 1:18.400 | 5.094 |