The 78-lap race was won by Colombian driver Juan Pablo Montoya, driving a Williams-BMW (the first victory of Williams in Monaco since 1983 with Keke Rosberg), with Finn Kimi Räikkönen second in a McLaren-Mercedes and German Michael Schumacher third in a Ferrari.

[3] The teams, also known as constructors, were Ferrari, Williams, McLaren, Renault, Sauber, Jordan, Jaguar, BAR, Minardi and Toyota.

[5] Jaguar driver Mark Webber set the fastest time in the first session, posting a lap of 1:16.373, one-tenth of a second quicker than Jenson Button and Coulthard, in second and third places respectively.

The Renault cars were fourth and fifth fastest; Alonso ahead of Jarno Trulli, with Michael Schumacher rounding out the top six.

[5] Jenson Button suffered a heavy crash during Saturday morning practice and his resulting injuries meant that he took no further part in the weekend.