Juan Pablo Montoya won the Monaco Grand Prix 2003 at Circuit de Monaco on 1 June 2003, starting from P3 on the grid. Kimi Räikkönen finished second for McLaren, with Michael Schumacher completing the podium for Ferrari.
| Pos | Grid | Driver | Team | Laps | Time / Status | Pts | FL |
|---|---|---|---|---|---|---|---|
| 1 | 3 | Juan Pablo MontoyaMON | Williams | 78 | 1:42:19.010 | 10 | |
| 2 | 2 | Kimi RäikkönenRAI | McLaren | 78 | +0.602 | 8 | |
| 3 | 5 | Michael SchumacherMSC | Ferrari | 78 | +1.720 | 6 | |
| 4 | 1 | Ralf SchumacherSCH | Williams | 78 | +28.518 | 5 | |
| 5 | 8 | Fernando AlonsoALO | Renault | 78 | +36.251 | 4 | |
| 6 | 4 | Jarno TrulliTRU | Renault | 78 | +40.972 | 3 | |
| 7 | 6 | David CoulthardCOU | McLaren | 78 | +41.227 | 2 | |
| 8 | 7 | Rubens BarrichelloBAR | Ferrari | 78 | +53.266 | 1 | |
| 9 | 10 | Cristiano da MattaDAM | Toyota | 77 | +1 Lap | 0 | |
| 10 | 12 | Giancarlo FisichellaFIS | Jordan | 77 | +1 Lap | 0 | |
| 11 | 14 | Nick HeidfeldHEI | Sauber | 76 | +2 Laps | 0 | |
| 12 | 16 | Ralph FirmanFIR | Jordan | 76 | +2 Laps | 0 | |
| 13 | 17 | Olivier PanisPAN | Toyota | 74 | +4 Laps | 0 | |
| R | 11 | Jacques VilleneuveVIL | BAR | 63 | Engine | 0 | |
| R | 19 | Justin WilsonWIL | Minardi | 29 | Fuel system | 0 | |
| R | 18 | Jos VerstappenVER | Minardi | 28 | Fuel system | 0 | |
| R | 9 | Mark WebberWEB | Jaguar | 16 | Hydraulics | 0 | |
| R | 13 | Antônio PizzoniaPIZ | Jaguar | 10 | Electrical | 0 | |
| R | 15 | Heinz-Harald FrentzenFRE | Sauber | 0 | Accident | 0 | |
| W | 20 | Jenson ButtonBUT | BAR | 0 | Injured | 0 |
| Pos | Driver | Team | Q1 | Q2 | Q3 |
|---|---|---|---|---|---|
| 1 | Ralf Schumacher | Williams | 1:15.259 | - | - |
| 2 | Kimi Räikkönen | McLaren | 1:15.295 | - | - |
| 3 | Juan Pablo Montoya | Williams | 1:15.415 | - | - |
| 4 | Jarno Trulli | Renault | 1:15.500 | - | - |
| 5 | Michael Schumacher | Ferrari | 1:15.644 | - | - |
| 6 | David Coulthard | McLaren | 1:15.700 | - | - |
| 7 | Rubens Barrichello | Ferrari | 1:15.820 | - | - |
| 8 | Fernando Alonso | Renault | 1:15.884 | - | - |
| 9 | Mark Webber | Jaguar | 1:16.237 | - | - |
| 10 | Cristiano da Matta | Toyota | 1:16.744 | - | - |
| 11 | Jacques Villeneuve | BAR | 1:16.755 | - | - |
| 12 | Giancarlo Fisichella | Jordan | 1:16.967 | - | - |
| 13 | Antônio Pizzonia | Jaguar | 1:17.103 | - | - |
| 14 | Nick Heidfeld | Sauber | 1:17.176 | - | - |
| 15 | Heinz-Harald Frentzen | Sauber | 1:17.402 | - | - |
| 16 | Ralph Firman | Jordan | 1:17.452 | - | - |
| 17 | Olivier Panis | Toyota | 1:17.464 | - | - |
| 18 | Jos Verstappen | Minardi | 1:18.706 | - | - |
| 19 | Justin Wilson | Minardi | 1:20.063 | - | - |
| 20 | Jenson Button | BAR | - | - | - |