The 2003 Tecate Telmex Monterrey Grand Prix was the second round of the 2003 CART World Series season, held on March 23, 2003 on the streets of Parque Fundidora in Monterrey, Nuevo León, Mexico.
| Pos | Nat | Name | Team | Qual 1 | Qual 2 | Best | |
|---|---|---|---|---|---|---|---|
| 1 |  | Sébastien Bourdais | Newman/Haas Racing | 1:17.536 | 1:14.938 | 1:14.938 | |
| 2 |  | Paul Tracy | Team Player's | 1:17.220 | - | 1:17.220 | |
| 3 | | Alex Tagliani | Rocketsports Racing | 1:17.555 | 1:15.437 | 1:15.437 | |
| 4 |  | Oriol Servià | Patrick Racing | 1:17.373 | 1:15.476 | 1:15.476 | |
| 5 |  | Michel Jourdain Jr. | Team Rahal | 1:17.526 | 1:15.869 | 1:15.869 | |
| 6 | | Adrian Fernández | Fernández Racing | 1:17.790 | 1:15.938 | 1:15.938 | |
| 7 |  | Bruno Junqueira | Newman/Haas Racing | 1:17.476 | 1:16.018 | 1:16.018 | |
| 8 | | Mario Domínguez | Herdez Competition | 1:17.701 | 1:16.120 | 1:16.120 | |
| 9 |  | Ryan Hunter-Reay | American Spirit Team Johansson | 1:18.982 | 1:16.533 | 1:16.533 | |
| 10 |  | Tiago Monteiro | Fittipaldi-Dingman Racing | 1:19.949 | 1:16.554 | 1:16.554 | |
| 11 | | Mario Haberfeld | Mi-Jack Conquest Racing | 1:18.524 | 1:16.911 | 1:16.911 | |
| 12 | | Patrick Lemarié | PK Racing | 1:19.541 | 1:16.931 | 1:16.931 | |
| 13 | Darren Manning | Walker Racing | 1:17.989 | 1:16.954 | 1:16.954 | ||
| 14 | | Roberto Moreno | Herdez Competition | 1:19.035 | 1:17.205 | 1:17.205 | |
| 15 | | Patrick Carpentier | Team Player's | 1:17.391 | align=center | - | 1:17.391 |
| 16 | | Jimmy Vasser | American Spirit Team Johansson | 1:18.038 | align=center | - | 1:18.038 |
| 17 |  | Alex Yoong | Dale Coyne Racing | 1:23.241 | 1:18.350 | 1:18.350 | |
| 18 | | Rodolfo Lavín | Walker Racing | 1:21.292 | 1:18.593 | 1:18.593 | |
| 19 |  | Joël Camathias | Dale Coyne Racing | 1:21.294 | 1:19.305 | 1:19.305 |
Paul Tracy and Jimmy Vasser missed the second qualification session after crashes damaged their cars during practice. Patrick Carpentier missed the same session because of an illness, choosing to rest for the race on Sunday.
| Pos | No | Driver | Team | Laps | Time/Retired | Grid | Points | |
|---|---|---|---|---|---|---|---|---|
| 1 | 3 | Paul Tracy | Team Player's | 85 | 2:03:04.677 | 2 | 22 | |
| 2 | 9 | Michel Jourdain Jr. | Team Rahal | 85 | +2.0 secs | 5 | 16 | |
| 3 | 33 | Alex Tagliani | Rocketsports Racing | 85 | +12.0 secs | 3 | 14 | |
| 4 | 51 | Adrian Fernández | Fernández Racing | 85 | +14.2 secs | 6 | 12 | |
| 5 | 1 | Bruno Junqueira | Newman/Haas Racing | 85 | +14.9 secs | 7 | 10 | |
| 6 | 4 | Roberto Moreno | Herdez Competition | 85 | +30.9 secs | 14 | 8 | |
| 7 | 15 | Darren Manning | Walker Racing | 85 | +35.2 secs | 13 | 6 | |
| 8 | 32 | Patrick Carpentier | Team Player's | 84 | + 1 Lap | 15 | 5 | |
| 9 | 11 | Alex Yoong | Dale Coyne Racing | 84 | + 1 Lap | 17 | 4 | |
| 10 | 27 | Patrick Lemarié | PK Racing | 84 | + 1 Lap | 12 | 3 | |
| 11 | 19 | Joël Camathias | Dale Coyne Racing | 84 | + 1 Lap | 19 | 2 | |
| 12 | 31 | Ryan Hunter-Reay | American Spirit Team Johansson | 83 | + 2 Laps | 9 | 1 | |
| 13 | 55 | Mario Domínguez | Herdez Competition | 83 | + 2 Laps | 8 | 0 | |
| 14 | 12 | Jimmy Vasser | American Spirit Team Johansson | 83 | + 2 Laps | 16 | 0 | |
| 15 | 5 | Rodolfo Lavín | Walker Racing | 81 | + 4 Laps | 18 | 0 | |
| 16 | 34 | Mario Haberfeld | Mi-Jack Conquest Racing | 67 | Contact | 11 | 0 | |
| 17 | 2 | Sébastien Bourdais | Newman/Haas Racing | 40 | Contact | 1 | 1 | |
| 18 | 20 | Oriol Servià | Patrick Racing | 38 | Contact | 4 | 0 | |
| 19 | 7 | Tiago Monteiro | Fittipaldi-Dingman Racing | 2 | Mechanical | 10 | 0 |
| Laps | Cause | |
|---|---|---|
| 4-6 | Monteiro (7) off course | |
| 14-15 | Lemarié (27) stalled on course | |
| 17-18 | Lavín (5) spin/stall | |
| 39-43 | Servià (20) off course | |
| 78-80 | Carpentier (32) stalled off course |
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