Round 3 of the 2003 FIA Formula 3000 International Championship was held at the A1-Ring in Austria on 17 May 2003. Ricardo Sperafico started on pole position and was the race winner. The race featured on the undercard of the 2003 Austrian Grand Prix.
Race Result
| Pos. | No. | Driver | Nationality | Team | Tyre | Laps | Race Time | Gap | Interval | Best Lap | Lap | Speed |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 3 | Ricardo Sperafico | Brazil | Coloni Motorsport | Avon | 35 | 49:08.128 | - | - | 1:23.480 | 8 | 184.888 |
| 2 | 1 | Björn Wirdheim | Sweden | Arden International | Avon | 35 | 49:11.799 | +3.671 | +3.671 | 1:23.473 | 8 | 184.658 |
| 3 | 9 | Giorgio Pantano | Italy | Durango | Avon | 35 | 49:18.183 | +10.055 | +6.384 | 1:23.650 | 8 | 184.260 |
| 4 | 16 | Vitantonio Liuzzi | Italy | Red Bull Junior Team F3000 | Avon | 35 | 49:27.371 | +19.243 | +9.188 | 1:23.679 | 9 | 183.689 |
| 5 | 6 | Enrico Toccacelo | Italy | Super Nova Racing Ltd | Avon | 35 | 49:29.658 | +21.530 | +2.287 | 1:23.548 | 23 | 183.548 |
| 6 | 7 | Nicolas Kiesa | Denmark | Den Bla Avis | Avon | 35 | 49:35.531 | +27.403 | +5.873 | 1:23.671 | 25 | 183.186 |
| 7 | 2 | Townsend Bell | United States | Arden International | Avon | 35 | 49:38.344 | +30.216 | +2.813 | 1:23.823 | 10 | 183.013 |
| 8 | 8 | Phil Giebler | United States | Den Bla Avis | Avon | 35 | 49:39.165 | +31.037 | +0.821 | 1:23.951 | 19 | 182.962 |
| 9 | 14 | Jarek Janis | Czech Republic | Superfund-ISR-Charouz | Avon | 35 | 49:39.575 | +31.447 | +0.410 | 1:23.891 | 21 | 182.937 |
| 10 | 4 | Zsolt Baumgartner | Hungary | Coloni Motorsport | Avon | 35 | 50:03.221 | +55.093 | +23.646 | 1:24.330 | 16 | 181.497 |
| 11 | 17 | Bernhard Auinger | Austria | Red Bull Junior Team F3000 | Avon | 35 | 50:07.632 | +59.504 | +4.411 | 1:24.425 | 34 | 181.230 |
| 12 | 19 | Alessandro Piccolo | Italy | BCN F3000 | Avon | 35 | 50:24.887 | +1:16.759 | +17.255 | 1:24.412 | 16 | 180.197 |
| 13 | 18 | Rob Nguyen | Australia | BCN F3000 | Avon | 35 | 50:35.525 | +1:27.397 | +10.638 | 1:24.992 | 7 | 179.565 |
| 14 | 10 | Raffaele Giammaria | Italy | Durango | Avon | 34 | 50:14.777 | +1:06.649 | 1 lap | 1:24.133 | 14 | 175.635 |
| 15 | 11 | Tony Schmidt | Germany | Team Astromega | Avon | 31 | 44:16.231 | 4 laps | 3 laps | 1:24.355 | 15 | 181.754 |
| DNF | 5 | Derek Hill | United States | Super Nova Racing Ltd | Avon | 19 | 27:50.501 | 1:24.703 | 13 | 177.131 | ||
| DNF | 15 | Yannick Schroeder | France | Superfund-ISR-Charouz | Avon | 19 | 27:26.723 | 1:24.581 | 17 | 179.689 |