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GP of Monaco Monte Carlo 22-5-1977, 76 laps of 3.312 m, Total distance
251.712 m
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| Pos | No | Driver | Team-engine | Diff | Reason |
| 1 | - | Jody Scheckter | Wolf-Ford WR1 | 1:57:52.77 | - |
| 2 | 11 | Niki Lauda | Ferrari 312T2 | -0.89 | - |
| 3 | - | Carlos Reutemann | Ferrari 312T2 | -32.80 | - |
| 4 | - | Jochen Mass | McLaren-Ford M23 | -34.60 | - |
| 5 | - | Mario Andretti | Lotus-Ford 78 | -35.55 | - |
| 6 | - | Alan Jones | Shadow-Ford DN8 | -36.61 | - |
| 7 | - | Jacques Laffite | Ligier-Matra JS7 | -1:04.44 | - |
| 8 | - | Vittorio Brambilla | Surtees-Ford TS19 | -1:08.64 | - |
| 9 | 16 | Riccardo Patrese | Shadow-Ford DN8 | -1 lap | - |
| 10 | - | Jacky Ickx | Ensign-Ford N177 | -1 lap | - |
| 11 | - | Jean-Pierre Jarier | Penske-Ford PC4 | -2 laps | - |
| 12 | - | Rupert Keegan | Hesketh-Ford 308E | -3 laps | - |
| 13 | - | Gunnar Nilsson | Lotus-Ford 78 | -25 laps | Gearbox |
| 14 | - | John Watson | Brabham-Alfa Romeo BT45B | -28 laps | Gearbox |
| 15 | - | Patrick Depailler | Tyrrell-Ford P34 | -30 laps | Gearbox |
| 16 | - | Hans Binder | Surtees-Ford TS19 | -35 laps | Fuel |
| 17 | - | Emerson Fittipaldi | Copersucar-Ford FD04 | -39 laps | Engine |
| 18 | - | James Hunt | McLaren-Ford M23 | -51 lap | Engine |
| 19 | - | Hans-Joachim Stuck | Brabham-Alfa Romeo BT45B | -57 laps | Electrics |
| 20 | - | Ronnie Peterson | Tyrrell-Ford P34 | -66 laps | Brakes |
| 21 | - | Arturo Merzario | March-Ford 761B | DNQ | - |
| 22 | - | Boy Hayje | March-Ford 761 | DNQ | - |
| 23 | - | Harald Ertl | Hesketh-Ford 308E | DNQ | - |
| 24 | - | Clay Regazzoni | Ensign-Ford N177 | DNQ | - |
| 25 | - | Alex Ribeiro-Dias | March-Ford 761B | DNQ | - |
| 26 | - | Ian Scheckter | March-Ford 761B | DNQ | - |