| Official Race Results | |||||||||
| Daytona 500 | Daytona International Speedway | |||||||||
| February 15, 1987 | Race 1 of 29 | |||||||||
| Average Speed: 176.263 mph | |||||||||
| Margin of Victory: 3 car lengths | Time of Race: 02:50:12 | ||||||||
| Lead Changes: 28 | |||||||||
| Cautions: 4 for 15 laps. | |||||||||
| Fin | St | Car | Driver | Make | Sponsor | Pts / Bonus | Laps | Status | Winnings |
| 1 | 1 | #9 | Bill Elliott | Ford | Coors | 185/10 | 200 | Running | $204,150 |
| 2 | 4 | #35 | Benny Parsons | Chevrolet | Folgers | 175/5 | 200 | Running | $122,420 |
| 3 | 11 | #43 | Richard Petty | Pontiac | STP | 170/5 | 200 | Running | $76,040 |
| 4 | 7 | #88 | Buddy Baker | Oldsmobile | Crisco | 165/5 | 200 | Running | $74,450 |
| 5 | 13 | #3 | Dale Earnhardt | Chevrolet | Wrangler Jeans | 160/5 | 200 | Running | $64,925 |
| 6 | 6 | #22 | Bobby Allison | Buick | Miller American | 150/0 | 200 | Running | $60,475 |
| 7 | 3 | #90 | Ken Schrader | Ford | Red Baron Frozen Pizza | 151/5 | 200 | Running | $68,545 |
| 8 | 5 | #17 | Darrell Waltrip | Chevrolet | Tide | 147/5 | 200 | Running | $39,925 |
| 9 | 31 | #15 | Ricky Rudd | Ford | Motorcraft | 138/0 | 200 | Running | $38,425 |
| 10 | 22 | #29 | Cale Yarborough | Oldsmobile | Hardee's | 134/0 | 200 | Running | $29,600 |
| 11 | 19 | #55 | Phil Parsons | Oldsmobile | Copenhagen | 130/0 | 200 | Running | $26,200 |
| 12 | 15 | #75 | Neil Bonnett | Pontiac | Valvoline | 132/5 | 199 | Running | $29,600 |
| 13 | 21 | #8 | Bobby Hillin, Jr | Buick | Miller American | 124/0 | 199 | Running | $29,005 |
| 14 | 8 | #5 | Geoffrey Bodine | Chevrolet | Levi Garrett | 126/5 | 199 | Running | $36,365 |
| 15 | 37 | #7 | Alan Kulwicki | Ford | Zerex Anti-Freeze | 118/0 | 198 | Running | $22,740 |
| 16 | 35 | #26 | Morgan Shepherd | Buick | Quaker State | 115/0 | 198 | Running | $20,660 |
| 17 | 24 | #77 | Ken Ragan | Ford | TRW | 112/0 | 197 | Running | $17,085 |
| 18 | 14 | #11 | Terry Labonte | Chevrolet | Budweiser | 109/0 | 197 | Running | $25,915 |
| 19 | 36 | #10 | Rodney Combs | Oldsmobile | Digard | 106/0 | 197 | Running | $15,295 |
| 20 | 42 | #50 | Greg Sacks | Pontiac | Valvoline | 103/0 | 196 | Running | $14,335 |
| 21 | 27 | #86 | Ronnie Sanders | Ford | Moss-Dingler | PE | 195 | Running | $13,930 |
| 22 | 18 | #30 | Michael Waltrip | Chevrolet | Oxford Plains Speedway | 97/0 | 193 | Running | $18,110 |
| 23 | 28 | #6 | Trevor Boys | Chevrolet | U.s. Racing | 94/0 | 191 | Running | $16,795 |
| 24 | 40 | #52 | Jimmy Means | Pontiac | Turtle Wax/Car & Driver | 91/0 | 191 | Running | $14,480 |
| 25 | 38 | #70 | J.D. McDuffie | Pontiac | Winkle | 88/0 | 191 | Running | $11,810 |
| 26 | 33 | #83 | Lake Speed | Oldsmobile | Wynn's | 85/0 | 188 | Engine Failure | $11,105 |
| 27 | 2 | #28 | Davey Allison * | Ford | Ranier-Lundy | 82/0 | 184 | Running | $14,045 |
| 28 | 39 | #12 | David Sosebee | Chevrolet | Hamby Automotive | 79/0 | 184 | Running | $14,145 |
| 29 | 29 | #66 | Tom Sneva | Oldsmobile | Skoal | 76/0 | 182 | Dropped Cylinder | $11,135 |
| 30 | 10 | #44 | Sterling Marlin | Oldsmobile | Piedmont Airlines | 73/0 | 167 | Clutch | $16,875 |
| 31 | 12 | #33 | Harry Gant | Chevrolet | Skoal Bandit | 70/0 | 156 | Transmission | $15,100 |
| 32 | 17 | #1 | Ron Bouchard | Chevrolet | Bull's Eye Barbecue Sauce | 67/0 | 125 | Engine Failure | $11,370 |
| 33 | 23 | #19 | Derrike Cope | Ford | Stroke Racing | 64/0 | 124 | Overheating | $10,840 |
| 34 | 16 | #71 | Dave Marcis | Chevrolet | Lifebuoy Soap | 61/0 | 115 | Oil Leak | $13,975 |
| 35 | 20 | #21 | Kyle Petty | Ford | CITGO/7-Eleven | 58/0 | 72 | Dropped Valve | $13,455 |
| 36 | 34 | #67 | Eddie Bierschwale | Ford | Pannill Knitting | 55/0 | 44 | Engine Failure | $12,235 |
| 37 | 9 | #4 | Rick Wilson | Oldsmobile | Kodak Films | 52/0 | 37 | Clutch | $11,420 |
| 38 | 30 | #82 | Mark Stahl | Ford | Auto Bell Car Washes | 49/0 | 36 | Engine Failure | $9,540 |
| 39 | 26 | #81 | Chet Fillip | Ford | Marshall Batteries | 46/0 | 19 | Engine Failure | $9,705 |
| 40 | 25 | #64 | Connie Saylor | Ford | Sunny King Ford & Honda | 43/0 | 12 | Engine Failure | $11,470 |
| 41 | 32 | #27 | Rusty Wallace | Pontiac | Kodiak | 40/0 | 10 | Burned Piston | $15,720 |
| 42 | 41 | #14 | AJ Foyt | Oldsmobile | Copenhagen/Gilmore | 37/0 | 10 | Spark Plug | $7,870 |
| * Denotes Rookie | |||||||||