| Fin | St | Driver | # | Owner | Car | Laps | Money | Status | Laps Led |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 3 | Bobby Rahal | 1 | Barbara Trueman | Lola T88/00 HU13/Judd | 200 | 92,789 | running | 32 |
| 2 | 11 | Al Unser Jr. | 3 | Rick Galles | March 88C/Chevrolet | 200 | 57,539 | running | 15 |
| 3 | 16 | Roberto Guerrero Isaza | 2 | Vince Granatelli | Lola T88/00/Cosworth | 199 | 37,369 | running | 0 |
| 4 | 10 | Derek Daly | 10 | Ray Neisewander | Lola T88/00/Cosworth | 199 | 29,143 | running | 0 |
| 5 | 9 | Raul de Mesquita Boesel | 30 | Douglas Shierson | Lola T88/00 HU08/Cosworth | 197 | 24,139 | running | 0 |
| 6 | 17 | Gordon Johncock | 71 | Ron Hemelgarn | Lola T88/00/Cosworth | 195 | 22,387 | running | 0 |
| 7 | 18 | Howdy Holmes | 21 | Alex Morales | March 88C/Cosworth | 195 | 21,219 | running | 0 |
| 8 | 24 | John Jones | 12 | Frank Arciero | March 88C/Cosworth | 195 | 20,635 | running | 0 |
| 9 | 20 | Bill Vukovich III | 56 | Richard Hammond | March 88C/Cosworth | 195 | 20,051 | running | 0 |
| 10 | 7 | Scott Brayton | 91 | Ron Hemelgarn | Lola T88/00/Judd | 194 | 19,467 | running | 0 |
| 11 | 22 | Rich Vogler | 11 | Andy Kenopensky | March 88C/Cosworth | 192 | 19,233 | running | 0 |
| 12 | 23 | Scott Atchison | 55 | Andy Kenopensky | March 86C/Cosworth | 187 | 18,766 | running | 0 |
| 13 | 4 | Al Unser | 60 | Roger Penske | Penske PC17/Chevrolet | 182 | 11,299 | ignition | 79 |
| 14 | 13 | John Andretti | 98 | Mike Curb | Lola T88/00/Cosworth | 166 | 17,832 | accident | 0 |
| 15 | 15 | Tony Bettenhausen Jr. | 16 | Tony Bettenhausen Jr. | Lola T87/00/Cosworth | 135 | 13,864 | engine | 0 |
| 16 | 6 | A.J. Foyt | 14 | A.J. Foyt | Lola T88/00/Cosworth | 132 | 13,397 | gearbox | 14 |
| 17 | 5 | Mario Andretti | 6 | Newman Haas Racing | Lola T88/00/Chevrolet | 116 | 16,780 | accident | 25 |
| 18 | 2 | Danny Sullivan | 9 | Roger Penske | Penske PC17/Chevrolet | 116 | 16,547 | accident | 31 |
| 19 | 21 | Dick Simon | 22 | Dick Simon | Lola T87/00/Cosworth | 98 | 16,430 | accident | 0 |
| 20 | 19 | Randy Lewis | 24 | Ralph Wilke | Lola T88/00/Cosworth | 78 | 16,313 | gearbox | 0 |
| 21 | 8 | Emerson Wojciechowska Fittipaldi | 20 | Pat Patrick | Lola T87/00/Chevrolet | 59 | 19,696 | oil leak | 0 |
| 22 | 26 | Phil Krueger | 77 | George Walther | March 86C/Cosworth | 42 | 9,080 | accident | 0 |
| 23 | 1 | Rick Mears | 5 | Roger Penske | Penske PC17/Chevrolet | 42 | 25,963 | accident | 4 |
| 24 | 25 | Teo Fabi | 8 | Porsche Motorsports | March 88C/Porsche | 35 | 8,846 | suspension | 0 |
| 25 | 12 | Michael Andretti | 18 | Maurice Kraines | Lola T88/00/Cosworth | 28 | 15,729 | engine | 0 |
| 26 | 14 | Arie Luijendijk | 7 | Dick Simon | Lola T88/00/Cosworth | 5 | 15,612 | accident | 0 |
| Johnny Rutherford | NBC | 0 | color commentary |