Qualifying 1 - 07/05/2004 at 11:00
| P. | Helmet | Driver | Nat. | Team | Time |
|---|---|---|---|---|---|
| 1 | Schumacher M. | GER | Scuderia Ferrari Marlboro | 1:15.658 | |
| 2 | Barrichello R. | BRA | Scuderia Ferrari Marlboro | 1:16.033 | |
| 3 | Button J. | GBR | Lucky Strike BAR Honda | 1:17.060 | |
| 4 | Schumacher R. | GER | BMW Williams F1 Team | 1:17.165 | |
| 5 | Alonso F. | SPA | Mild Seven Renault F1 | 1:17.429 | |
| 6 | Sato T. | JAP | Lucky Strike BAR Honda | 1:17.481 | |
| 7 | Panis O. | FRA | Panasonic Toyota Racing | 1:17.489 | |
| 8 | Raikkonen K. | FIN | West McLaren Mercedes | 1:17.563 | |
| 9 | Montoya J. | COL | BMW Williams F1 Team | 1:17.635 | |
| 10 | Webber M. | AUS | Jaguar Racing | 1:17.763 | |
| 11 | Coulthard D. | SCO | West McLaren Mercedes | 1:17.973 | |
| 12 | Trulli J. | ITA | Mild Seven Renault F1 | 1:18.341 | |
| 13 | Da Matta C. | BRA | Panasonic Toyota Racing | 1:18.362 | |
| 14 | Klien C. | AUT | Jaguar Racing | 1:18.615 | |
| 15 | Massa F. | BRA | Sauber Petronas | 1:18.760 | |
| 16 | Fisichella G. | ITA | Sauber Petronas | 1:18.886 | |
| 17 | Heidfeld N. | GER | Jordan Ford | 1:19.198 | |
| 18 | Pantano G. | ITA | Jordan Ford | 1:19.925 | |
| 19 | Bruni G. | ITA | Minardi Cosworth | 1:20.858 | |
| 20 | Baumgartner Z. | HUN | Minardi Cosworth | 1:21.535 |