| Official Race Results | |||||||||
| Daytona 500 | Daytona International Speedway | |||||||||
| February 19, 1989 | Race 1 of 29 | |||||||||
| Average Speed: 148.466 mph | |||||||||
| Margin of Victory: 6 seconds | Time of Race: 03:22:04 | ||||||||
| Lead Changes: 30 | |||||||||
| Cautions: 7 for 30 laps. | |||||||||
| Fin | St | Car | Driver | Make | Sponsor | Pts / Bonus | Laps | Status | Winnings |
| 1 | 2 | #17 | Darrell Waltrip | Chevrolet | Tide | 180/5 | 200 | Running | $184,900 |
| 2 | 1 | #25 | Ken Schrader | Chevrolet | Folgers | 180/10 | 200 | Running | $182,700 |
| 3 | 8 | #3 | Dale Earnhardt | Chevrolet | GM Goodwrench | 170/5 | 200 | Running | $95,550 |
| 4 | 10 | #5 | Geoffrey Bodine | Chevrolet | Levi Garrett | 165/5 | 200 | Running | $79,250 |
| 5 | 7 | #55 | Phil Parsons | Oldsmobile | Crown | 160/5 | 200 | Running | $70,325 |
| 6 | 11 | #66 | Rick Mast | Chevrolet | Mach One Motorsports | 155/5 | 200 | Running | $52,525 |
| 7 | 9 | #7 | Alan Kulwicki | Ford | Zerex Anti-Freeze | 151/5 | 200 | Running | $52,325 |
| 8 | 40 | #4 | Rick Wilson | Oldsmobile | Kodak Films | 147/5 | 200 | Running | $47,357 |
| 9 | 4 | #11 | Terry Labonte | Ford | Budweiser | 143/5 | 200 | Running | $68,400 |
| 10 | 41 | #23 | Eddie Bierschwale | Oldsmobile | Peak Antifreeze | 139/5 | 200 | Running | $31,725 |
| 11 | 6 | #94 | Sterling Marlin | Oldsmobile | Sunoco Ultra | 130/0 | 199 | Running | $47,325 |
| 12 | 12 | #33 | Harry Gant | Oldsmobile | Skoal Bandit | 127/0 | 199 | Running | $30,000 |
| 13 | 17 | #45 | Joe Ruttman | Pontiac | Machinist Union | PE | 199 | Running | $24,505 |
| 14 | 14 | #16 | Larry Pearson | Buick | Chattanooga Chew | 121/0 | 199 | Running | $23,915 |
| 15 | 3 | #75 | Morgan Shepherd | Pontiac | Valvoline | 118/0 | 199 | Running | $44,900 |
| 16 | 15 | #10 | Ken Bouchard | Pontiac | Simoniz | 115/0 | 198 | Running | $23,180 |
| 17 | 34 | #43 | Richard Petty | Pontiac | STP | 112/0 | 198 | Running | $19,335 |
| 18 | 35 | #27 | Rusty Wallace | Pontiac | Kodiak | 109/0 | 197 | Running | $24,790 |
| 19 | 36 | #26 | Ricky Rudd | Buick | Quaker State | 111/5 | 197 | Running | $19,120 |
| 20 | 19 | #71 | Dave Marcis | Chevrolet | Lifebuoy Soap | 108/5 | 197 | Running | $20,785 |
| 21 | 23 | #30 | Michael Waltrip | Pontiac | Country Time | 105/5 | 197 | Running | $18,825 |
| 22 | 32 | #40 | Ben Hess | Oldsmobile | Hess Racing | 97/0 | 196 | Running | $14,300 |
| 23 | 37 | #88 | Greg Sacks | Pontiac | Crisco | 94/0 | 196 | Running | $15,595 |
| 24 | 29 | #70 | J.D. McDuffie | Pontiac | Rumple Furniture Co. | 91/0 | 193 | Running | $13,640 |
| 25 | 16 | #28 | Davey Allison | Ford | Havoline | 88/0 | 193 | Running | $22,985 |
| 26 | 21 | #69 | Lee Raymond | Ford | LC Racing | PE | 189 | Running | $13,530 |
| 27 | 22 | #84 | Mike Alexander | Buick | Miller High Life | 82/0 | 188 | Running | $16,275 |
| 28 | 27 | #19 | Ronnie Sanders | Chevrolet | Bill Ramsey | 79/0 | 184 | Running | $12,570 |
| 29 | 18 | #15 | Brett Bodine | Ford | Motorcraft | 76/0 | 177 | Dropped Valve | $16,015 |
| 30 | 39 | #83 | Lake Speed | Oldsmobile | Kraft Barbecue Sauce | 73/0 | 150 | Running | $14,010 |
| 31 | 31 | #73 | Phil Barkdoll | Oldsmobile | Barkdoll Motorsports | 75/5 | 143 | Accident | $10,855 |
| 32 | 20 | #29 | Dale Jarrett | Pontiac | Hardee's | 67/0 | 131 | Running | $15,000 |
| 33 | 5 | #6 | Mark Martin | Ford | Stroh's Light | 64/0 | 110 | Accident | $23,445 |
| 34 | 42 | #67 | Mickey Gibbs | Pontiac | Alka-Seltzer | 61/0 | 76 | Engine Failure | $9,940 |
| 35 | 13 | #9 | Bill Elliott | Ford | Coors | 58/0 | 72 | Accident | $24,310 |
| 36 | 28 | #90 | Chad Little | Ford | Purolator | 55/0 | 72 | Accident | $11,605 |
| 37 | 30 | #89 | Rodney Combs | Pontiac | Evinrude Omc | 52/0 | 72 | Accident | $10,650 |
| 38 | 24 | #14 | AJ Foyt | Oldsmobile | Copenhagen | 54/5 | 41 | Shock Mounts | $11,970 |
| 39 | 6 | #8 | Bobby Hillin, Jr | Buick | Miller High Life | 46/0 | 39 | Accident | $13,335 |
| 40 | 25 | #93 | Charlie Baker | Chevrolet | Salmon Racing | 43/0 | 39 | Accident | $10,450 |
| 41 | 33 | #2 | Ernie Irvan | Pontiac | Kroger | 40/0 | 8 | Engine Failure | $9,275 |
| 42 | 28 | #21 | Neil Bonnett | Ford | CITGO | 37/0 | 2 | Oil Line | $11,800 |
| * Denotes Rookie | |||||||||