| Fin | St | Driver | # | Owner | Car | Laps | Money | Status | Laps Led |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 4 | Emerson Wojciechowska Fittipaldi | 20 | Pat Patrick | Lola T87/00/Chevrolet | 50 | 49,160 | running | 35 |
| 2 | 5 | Bobby Rahal | 1 | Barbara Trueman | Lola T88/00/Judd | 50 | 39,180 | running | 0 |
| 3 | 6 | Mario Andretti | 6 | Newman Haas Racing | Lola T88/00/Chevrolet | 50 | 29,500 | running | 0 |
| 4 | 1 | Danny Sullivan | 9 | Roger Penske | Penske PC17/Chevrolet | 50 | 29,960 | running | 15 |
| 5 | 8 | Michael Andretti | 18 | Maurice Kraines | Lola T88/00/Cosworth | 50 | 23,840 | running | 0 |
| 6 | 10 | Derek Daly | 10 | Ray Neisewander | Lola T88/00/Cosworth | 49 | 21,720 | running | 0 |
| 7 | 3 | Al Unser Jr. | 3 | Rick Galles | March 88C/Chevrolet | 48 | 23,600 | out of fuel | 0 |
| 8 | 13 | Teo Fabi | 8 | Porsche Motorsports | March 88C/Porsche | 48 | 11,480 | running | 0 |
| 9 | 21 | Randy Lewis | 24 | Ralph Wilke | Lola T88/00/Cosworth | 47 | 16,860 | running | 0 |
| 10 | 22 | A.J. Foyt | 14 | A.J. Foyt | Lola T88/00/Cosworth | 47 | 13,036 | running | 0 |
| 11 | 19 | Howdy Holmes | 21 | Alex Morales | March 88C/Cosworth | 47 | 16,374 | running | 0 |
| 12 | 2 | Rick Mears | 5 | Roger Penske | Penske PC17/Chevrolet | 44 | 16,050 | running | 0 |
| 13 | 15 | John Jones | 12 | Frank Arciero | March 88C/Cosworth | 39 | 16,050 | gearbox | 0 |
| 14 | 11 | Raul de Mesquita Boesel | 30 | Douglas Shierson | Lola T88/00 HU08/Cosworth | 36 | 15,240 | mechanical | 0 |
| 15 | 24 | Ed Pimm | 33 | Gary Trout | March 87C 28/Cosworth | 35 | 8,240 | gearbox | 0 |
| 16 | 17 | Tony Bettenhausen Jr. | 16 | Tony Bettenhausen Jr. | Lola T87/00/Cosworth | 34 | 10,930 | gearbox | 0 |
| 17 | 20 | Rocky Moran | 56 | Richard Hammond | March 87C/Cosworth | 34 | 14,430 | gearbox | 0 |
| 18 | 23 | Fulvio Ballabio | 23 | Dick Simon | Lola T87/00/Cosworth | 29 | 7,025 | disqualified | 0 |
| 19 | 16 | Arie Luijendijk | 7 | Dick Simon | Lola T88/00/Cosworth | 25 | 14,025 | electrical | 0 |
| 20 | 14 | Scott Atchison | 55 | Andy Kenopensky | March 86C/Cosworth | 24 | 14,025 | gearbox | 0 |
| 21 | 18 | Ludwig Heimrath Jr. | 71 | Ron Hemelgarn | Lola T88/00/Judd | 22 | 13,620 | engine | 0 |
| 22 | 12 | Roberto Guerrero Isaza | 4 | Vince Granatelli | March 87C/Cosworth | 10 | 13,620 | header | 0 |
| 23 | 9 | Didier Theys | 22 | Dick Simon | Lola T88/00/Cosworth | 8 | 13,620 | gearbox | 0 |
| 24 | 7 | Kevin Cogan | 11 | Andy Kenopensky | March 88C/Cosworth | 8 | 13,620 | engine | 0 |
| José Romano | 25 | Giupponi Franca | March 85C 47/Cosworth | 0 | 0 | did not qualify | 0 | ||
| Johnny Rutherford | ESPN | 0 | color commentary | ||||||
| Bob Jenkins | ESPN | 0 | lead announcer |