Ferry Porsche was reluctant to commit to another race, reportedly ready to cancel the program at that point. Gurney spent time on the track tuning the car and personally convinced the chairman to field a single 804 for the 1962 Monaco Grand Prix on 3 June. Driven by Gurney, it qualified fifth. A major accident at the first corner immediately after the start caused Richie Ginther's BRM to run into the back of Gurney's 804, damaging the transaxle and causing Gurney to drop out. Bonnier finished in fifth place with a four-cylinder 718.