The race was won by the mare Sheila's Cottage at odds of 66/1. The winning jockey was Arthur Thompson and Neville Crump trained the winner. The pairing of Thompson and Crump would go on to win the Grand National again in 1952.
Sheila's Cottage became the first mare to win the National for 46 years, and only the 12th in the long history of the steeplechase.
First of the Dandies finished second, with Cromwell third and Happy Home fourth. Forty-three horses ran and all returned safely to the stables.