| Pagename: | 1948 Grand National |
| Horse Race: | Grand National |
| Location: | Aintree Racecourse |
| Date: | 20 March 1948 |
| Winning Horse: | Sheila's Cottage |
| Starting Price: | 66/1 |
| Winning Jockey: | Arthur Thompson |
| Winning Trainer: | Neville Crump |
| Winning Owner: | John Proctor |
| Conditions: | Good |
| Previous: | 1947 |
| Next: | 1949 |
The 1948 Grand National was the 102nd renewal of the Grand National horse race that took place at Aintree Racecourse near Liverpool, England, on 20 March 1948.
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 won 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.
| Position | Name | Jockey | data-sort-type="number" | Age | Handicap (st-lb) | SP | Distance |
|---|---|---|---|---|---|---|---|
| 01 | Sheila's Cottage | Arthur Thompson | 9 | 10-7 | 50/1 | 1 Length[1] | |
| 02 | First of the Dandies | Jimmy Brogan | 11 | 10-4 | 25/1 | ||
| 03 | Cromwell | Anthony Mildmay | 7 | 10-11 | 33/1 | ||
| 04 | Happy Home | Glen Kelly | 9 | 11-10 | 33/1 | ||
| 05 | Platypus | Alec Jack | 7 | 10-6 | 66/1 | ||
| 06 | Rowland Boy | Bryan Marshall | 9 | 11-8 | 100/9 | ||
| 07 | Parthenon | Patrick Murray | 9 | 10-0 | 100/1 | ||
| 08 | Maltese Wanderer | Kevin Gilsenan | 9 | 10-0 | 100/1 | ||
| 09 | Offaly Prince | Mr A Parker | 9 | 10-5 | 100/1 | ||
| 10 | Klaxton | Ron Smyth | 8 | 11-8 | 40/1 | ||
| 11 | War Risk | Bob Turnell | 9 | 11-1 | 33/1 | ||
| 12 | Revelry | Dan Moore | 8 | 11-6 | 33/1 | ||
| 13 | Schubert | Leo McMorrow | 14 | 10-2 | 66/1 | ||
| 14 | Lovely Cottage | Charles Hook | 11 | 11-4 | 66/1 | ||
| Fence | Name | Jockey | Age | Handicap (st-lb) | SP | Fate |
|---|---|---|---|---|---|---|
| 08 | Roimond | Dicky Black | 7 | 11-7 | 22/1 | Fell |
| ? | Caddie II | Jack Maguire | 10 | 11-7 | 50/1 | Fell |
| 06 | Silver Fame | Martin Molony | 9 | 11-6 | 9/1 | Fell |
| 01 | Bricett | Tim Molony | 11 | 11-3 | 100/1 | Fell |
| 21 | Rearmament | Daniel Ruttle | 11 | 11-2 | 66/1 | Fell |
| 14 | Cloncarrig | John Hislop | 8 | 10-13 | 22/1 | Fell |
| ? | Clonaboy | E Hannigan | 10 | 10-10 | 66/1 | Fell |
| ? | Gormanstown | Matt Hogan | 8 | 10-9 | 66/1 | Fell |
| 19 | Housewarmer | Frenchie Nicholson | 11 | 10-6 | 25/1 | Fell |
| ? | Sir John | Cecil Blacker | 7 | 10-3 | 100/1 | Fell |
| 10 | Tudor Close | Tommy Maher | 11 | 10-3 | 100/1 | Fell |
| ? | Loyal Antrim | Eddie Newman | 11 | 10-3 | 22/1 | Fell |
| ? | Ulster Monarch | John Eustace-Smith | 9 | 10-1 | 100/1 | Fell |
| ? | Musical Lad | M Browne | 11 | 10-1 | 100/1 | Fell |
| 03 | Ultra Bene | Tony Grantham | 9 | 10-1 | 100/1 | Fell |
| ? | Le Daim | Nicky Pinch | 9 | 10-1 | 100/1 | Fell |
| ? | Soda II | H Bonneau | 7 | 10-0 | 40/1 | Fell |
| ? | Highland Lad | E Kennedy | 9 | 10-0 | 50/1 | Fell |
| 02 | Some Chicken | Bill Redmond | 11 | 10-0 | 50/1 | Fell |
| 01 | Serpentine | Cyril Mitchell | 10 | 10-0 | 100/1 | Fell |
| ? | Bora's Cottage | Ernest Vinall | 10 | 10-0 | 100/1 | Fell |
| ? | Caughoo | Eddie Dempsey | 9 | 11-1 | 28/1 | Pulled Up |
| ? | Lough Conn | Jimmy Fitzgerald | 12 | 10-5 | 22/1 | Pulled Up |
| ? | Skouras | Alan Power | 8 | 10-0 | 100/1 | Pulled Up |
| ? | Weevil | Vince Mooney | 9 | 10-11 | 33/1 | Brought Down |
| ? | Tommy Traddles | C Harrison | 7 | 10-0 | 100/1 | Unseated Rider |
| ? | Halcyon Hours | Mick Prendergast | 8 | 11-5 | 50/1 | Refused |
| ? | Prince Regent | Tim Hyde | 13 | 12-2 | 25/1 | Carried Out |
| 30 | Zahia | Eddie Reavey | 8 | 10-2 | 100/1 | Ran Out |