Michael Schumacher won the Monaco Grand Prix 1999 at Circuit de Monaco on 16 May 1999, starting from P2 on the grid. Eddie Irvine finished second for Ferrari, with Mika Häkkinen completing the podium for McLaren.
| Pos | Grid | Driver | Team | Laps | Time / Status | Pts | FL |
|---|---|---|---|---|---|---|---|
| 1 | 2 | Michael SchumacherMSC | Ferrari | 78 | 1:49:31.812 | 10 | |
| 2 | 4 | Eddie IrvineIRV | Ferrari | 78 | +30.476 | 6 | |
| 3 | 1 | Mika HäkkinenHKK | McLaren | 78 | +37.483 | 4 | |
| 4 | 6 | Heinz-Harald FrentzenFRE | Jordan | 78 | +54.009 | 3 | |
| 5 | 9 | Giancarlo FisichellaFIS | Benetton | 77 | +1 Lap | 2 | |
| 6 | 10 | Alexander WurzWUR | Benetton | 77 | +1 Lap | 1 | |
| 7 | 7 | Jarno TrulliTRU | Prost | 77 | +1 Lap | 0 | |
| 8 | 11 | Alessandro ZanardiZAN | Williams | 76 | +2 Laps | 0 | |
| 9 | 5 | Rubens BarrichelloBAR | Stewart | 71 | Spun off | 0 | |
| R | 16 | Ralf SchumacherSCH | Williams | 54 | Spun off | 0 | |
| R | 14 | Jean AlesiALE | Sauber | 50 | Suspension | 0 | |
| R | 15 | Pedro DinizDIN | Sauber | 49 | Suspension | 0 | |
| R | 18 | Olivier PanisPAN | Prost | 40 | Engine | 0 | |
| R | 3 | David CoulthardCOU | McLaren | 36 | Gearbox | 0 | |
| R | 12 | Mika SaloSAL | BAR | 36 | Brakes | 0 | |
| R | 19 | Toranosuke TakagiTAK | Arrows | 36 | Engine | 0 | |
| R | 8 | Jacques VilleneuveVIL | BAR | 32 | Oil leak | 0 | |
| R | 13 | Johnny HerbertHER | Stewart | 32 | Suspension | 0 | |
| R | 21 | Pedro de la RosaDLR | Arrows | 30 | Gearbox | 0 | |
| R | 22 | Marc GenéGEN | Minardi | 24 | Spun off | 0 | |
| R | 20 | Luca BadoerBAD | Minardi | 10 | Gearbox | 0 | |
| R | 17 | Damon HillHIL | Jordan | 3 | Collision | 0 |