Jacques Villeneuve won the Austrian Grand Prix 1997 at Red Bull Ring on 21 September 1997, starting from pole position. David Coulthard finished second for McLaren, with Heinz-Harald Frentzen completing the podium for Williams.
| Pos | Grid | Driver | Team | Laps | Time / Status | Pts | FL |
|---|---|---|---|---|---|---|---|
| 1 | 1 | Jacques VilleneuveVIL | Williams | 71 | 1:27:35.999 | 10 | |
| 2 | 10 | David CoulthardCOU | McLaren | 71 | +2.909 | 6 | |
| 3 | 4 | Heinz-Harald FrentzenFRE | Williams | 71 | +3.962 | 4 | |
| 4 | 14 | Giancarlo FisichellaFIS | Jordan | 71 | +12.127 | 3 | |
| 5 | 11 | Ralf SchumacherSCH | Jordan | 71 | +31.859 | 2 | |
| 6 | 9 | Michael SchumacherMSC | Ferrari | 71 | +33.410 | 1 | |
| 7 | 7 | Damon HillHIL | Arrows | 71 | +37.207 | 0 | |
| 8 | 12 | Johnny HerbertHER | Sauber | 71 | +49.057 | 0 | |
| 9 | 13 | Gianni MorbidelliMOR | Sauber | 71 | +1:06.455 | 0 | |
| 10 | 18 | Gerhard BergerBER | Benetton | 70 | +1 Lap | 0 | |
| 11 | 19 | Ukyo KatayamaKAT | Minardi | 69 | +2 Laps | 0 | |
| 12 | 20 | Jos VerstappenVER | Tyrrell | 69 | +2 Laps | 0 | |
| 13 | 17 | Pedro DinizDIN | Arrows | 67 | +4 Laps | 0 | |
| 14 | 5 | Rubens BarrichelloBAR | Stewart | 64 | Spun off | 0 | |
| R | 3 | Jarno TrulliTRU | Prost | 58 | Engine | 0 | |
| R | 6 | Jan MagnussenMAG | Stewart | 58 | Engine | 0 | |
| R | 16 | Shinji NakanoNAK | Prost | 57 | Engine | 0 | |
| R | 21 | Mika SaloSAL | Tyrrell | 48 | Gearbox | 0 | |
| R | 8 | Eddie IrvineIRV | Ferrari | 38 | Collision | 0 | |
| R | 15 | Jean AlesiALE | Benetton | 37 | Collision | 0 | |
| R | 2 | Mika HäkkinenHKK | McLaren | 1 | Engine | 0 | |
| E | 0 | Tarso MarquesMAR | Minardi | 0 | Underweight | 0 |