Qualifying 1 - 23/07/2004 at 11:00
| P. | Helmet | Driver | Nat. | Team | Time |
|---|---|---|---|---|---|
| 1 | Schumacher M. | GER | Scuderia Ferrari Marlboro | 1:15.864 | |
| 2 | Raikkonen K. | FIN | West McLaren Mercedes | 1:16.318 | |
| 3 | Fisichella G. | ITA | Sauber Petronas | 1:16.451 | |
| 4 | Panis O. | FRA | Panasonic Toyota Racing | 1:16.484 | |
| 5 | Barrichello R. | BRA | Scuderia Ferrari Marlboro | 1:16.493 | |
| 6 | Button J. | GBR | Lucky Strike BAR Honda | 1:16.544 | |
| 7 | Montoya J. | COL | BMW Williams F1 Team | 1:16.795 | |
| 8 | Pizzonia A. | BRA | BMW Williams F1 Team | 1:16.845 | |
| 9 | Heidfeld N. | GER | Jordan Ford | 1:16.845 | |
| 10 | Coulthard D. | SCO | West McLaren Mercedes | 1:16.916 | |
| 11 | Da Matta C. | BRA | Panasonic Toyota Racing | 1:17.111 | |
| 12 | Alonso F. | SPA | Mild Seven Renault F1 | 1:17.142 | |
| 13 | Massa F. | BRA | Sauber Petronas | 1:17.361 | |
| 14 | Trulli J. | ITA | Mild Seven Renault F1 | 1:17.487 | |
| 15 | Sato T. | JAP | Lucky Strike BAR Honda | 1:17.526 | |
| 16 | Klien C. | AUT | Jaguar Racing | 1:18.810 | |
| 17 | Bruni G. | ITA | Minardi Cosworth | 1:19.088 | |
| 18 | Baumgartner Z. | HUN | Minardi Cosworth | 1:19.959 | |
| 19 | Pantano G. | ITA | Jordan Ford | 1:20.029 | |
| 20 | Webber M. | AUS | Jaguar Racing | 9:99.999 |