| series | Champcar current |
| race | Indy 500 |
| year | 1988 |
| team | car | entry | driver | start | finish | chassis | engine | laps led | * | |
| Penske | 5 | Pennzoil | Rick Mears | | 1 | 1 | Penske PC-17/88 [004] | Chevy V8/A | 89 | |
| Patrick | 20 | Marlboro | Emerson Fittipaldi | | 8 | 2 | March 88C [06] | Chevy V8/A | ||
| Penske | 1 | Hertz | Al Unser | | 3 | 3 | Penske PC-17/88 [003] | Chevy V8/A | 12 | |
| Kraco | 18 | Kraco | Michael Andretti | | 10 | 4 | March 88C [03] | Cosworth DFX | ||
| Truesports | 4 | Budweiser | Bobby Rahal | | 19 | 5 | Lola T8800 [HU13] | Judd AV | ||
| King Racing | 15 | Mac Tools/King Protofab | Jim Crawford | | 18 | 6 | Lola T8700 [HU02] | Buick 3300 V6 | 8 | |
| Shierson | 30 | Domino's Pizza | Raul Boesel | | 20 | 7 | Lola T8800 [HU08] | Cosworth DFX | ||
| R. Kent Baker | 97 | CNC System Sales | Phil Krueger | | 15 | 8 | March 86C [03] | Cosworth DFX | ||
| Dick Simon | 22 | Uniden/Soundesign | Dick Simon | | 16 | 9 | Lola T8800 [HU20] | Cosworth DFX | ||
| Dick Simon | 7 | Provimi Veal | Arie Luyendyk | | 6 | 10 | Lola T8800 [HU05] | Cosworth DFX | ||
| Machinists Union | 11 | Machinists/Schaefer/Playboy | Kevin Cogan | | 13 | 11 | March 88C [18] | Cosworth DFX | ||
| Morales | 21 | Jiffy Mix | Howdy Holmes | | 33 | 12 | March 88C [09] | Cosworth DFX | ||
| Galles | 3 | Valvoline | Al Unser Jr. | | 5 | 13 | March 88C [11] | Chevy V8/A | ||
| Gohr Racing | 56 | Genesee Beer | Bill Vukovich III | | 23 | 14 | March 88C [13] | Cosworth DFX | ||
| Leader Card | 24 | Toshiba/Oracle/Altos | Randy Lewis | | 11 | 15 | Lola T8800 [HU21] | Cosworth DFX | ||
| AJ Foyt | 48 | Trench Shoring/Skoal | Rocky Moran | | 28 | 16 | March 86C [23] | Cosworth DFX | ||
| Machinists Union | 29 | Byrd's Cafeteria/Bryant Heating | Rich Vogler | | 32 | 17 | March 87C [07] | Cosworth DFX | ||
| Dobson | 92 | Columbia Helicopters | Dominic Dobson | | 21 | 18 | Lola T8700 [HU10] | Cosworth DFX | ||
| Dick Simon | 23 | Bronson/Neste | Tero Palmroth | | 25 | 19 | Lola T8700 | Cosworth DFX | ||
| Newman-Haas | 6 | Amoco/Kmart | Mario Andretti | | 4 | 20 | Lola T8700 [HU09] | Chevy V8/A | ||
| Curb Motorsports | 98 | Skoal Bandit | John Andretti | | 27 | 21 | Lola T8800 [HU02] | Cosworth DFX | ||
| King Racing | 17 | Mac Tools/King Protofab | Johnny Rutherford | | 30 | 22 | Lola T8700 [HU12] | Buick 3300 V6 | ||
| Penske | 9 | Miller High Life | Danny Sullivan | | 2 | 23 | Penske PC-17/88 [002] | Chevy V8/A | 91 | |
| Gary Trout | 35 | Kasle Recycling | Steve Chassey | | 26 | 24 | March 87C [28] | Cosworth DFX | ||
| Hemelgarn | 71 | Mackenzie Financial | Ludwig Heimrath Jr. | | 31 | 25 | Lola T8800 [HU03] | Cosworth DFX | ||
| AJ Foyt | 14 | Copenhagen/Gilmore | AJ Foyt | | 22 | 26 | Lola T8700 [HU04] | Cosworth DFX | ||
| Hemelgarn | 81 | Pizza Hut | Tom Sneva | | 14 | 27 | Lola T8800 [HU09] | Judd AV | ||
| Porsche | 8 | Quaker State | Teo Fabi | | 17 | 28 | March 88C [14] | Porsche 9M0 | ||
| Raynor | 10 | Raynor Garage Door | Derek Daly | | 9 | 29 | Lola T8800 [HU17] | Cosworth DFX | ||
| AJ Foyt | 84 | Copenhagen/Calumet Farm | Stan Fox | | 29 | 30 | March 86C [34] | Chevy 209 V6 tc | ||
| Hemelgarn | 91 | Amway/United Oil/Lifecycle | Scott Brayton | | 7 | 31 | Lola T8800 [HU22] | Buick 3300 V6 | ||
| Vince Granatelli | 2 | STP/Dianetics | Roberto Guerrero | | 12 | 32 | Lola T8800 [HU16] | Cosworth DFX | ||
| Bettenhausen | 16 | Hardee's | Tony Bettenhausen Jr. | | 24 | 33 | Lola T8700 [HU06] | Cosworth DFX | ||
| AJ Foyt | 14 | Copenhagen/Gilmore | AJ Foyt | | DNS | Lola T8800 | Cosworth DFX | |||
| AJ Foyt | 14 | Copenhagen/Gilmore | Johnny Parsons Jr | | DNS | Lola T8800 | Cosworth DFX | |||
| AJ Foyt | 41 | Copenhagen/Gilmore | AJ Foyt | | DNS | Lola T8700 [HU04] | Cosworth DFX | |||
| AJ Foyt | 44 | Copenhagen/Gilmore | AJ Foyt | | DNS | Lola T8800 [HU08] | Cosworth DFX | |||
| AJ Foyt | 84 | Copenhagen/Calumet Farm | George Snider | | DNS | March 86C [34] | Chevy 209 V6 tc | |||
| Arciero | 12 | Labatt's | John Jones | | DNS | March 88C | Cosworth DFX | |||
| Arciero | 12 | Labatt's | John Jones | | DNS | March 87C | Cosworth DFX | |||
| Arciero | 12 | Labatt's | Johnny Parsons Jr | | DNS | March 87C | Cosworth DFX | |||
| Arciero | 12 | Labatt's | Johnny Parsons Jr | | DNS | March 88C | Cosworth DFX | |||
| Bettenhausen | 16 | Bettenhausen Motorsports | Gary Bettenhausen | | DNS | March 86C [33] | Cosworth DFX | |||
| Bettenhausen | 16 | Bettenhausen Motorsports | Tony Bettenhausen Jr. | | DNS | March 86C [33] | Cosworth DFX | |||
| Dale Coyne | 39 | Dale Coyne Racing | Dale Coyne | | DNS | March 86C | Chevy Barnes 390 V8 | |||
| Dayton-Walther | 77 | Dayton-Walther | Tom Bigelow | | DNS | March 86C [09] | Cosworth DFX | |||
| Dick Simon | 7 | Provimi Veal | Arie Luyendyk | | DNS | Lola T8700 | Cosworth DFX | |||
| Dick Simon | 22 | Uniden/Soundesign | Tero Palmroth | | DNS | Lola T8700 | Cosworth DFX | |||
| Dick Simon | 22 | Uniden/Soundesign | Dick Simon | | DNS | Lola T8700 | Cosworth DFX | |||
| Dick Simon | 22 | Uniden/Soundesign | Arie Luyendyk | | DNS | Lola T8700 | Cosworth DFX | |||
| Dick Simon | 23 | Dick Simon Racing | | DNS | Lola T8600 [HU15] | Cosworth DFX | ||||
| Dobson | 54 | Dobson Motorsports | Dominic Dobson | | DNS | March 86C [25] | Cosworth DFX | |||
| Elmer Fields | 27 | Los Angeles Drywall | Ed Pimm | | DNS | March 87C | Cosworth DFX | |||
| Gohr Racing | 56 | Gohr Racing | Bill Vukovich III | | DNS | March 87C | Cosworth DFX | |||
| Hemelgarn | 71 | Mackenzie Financial | Ludwig Heimrath Jr. | | DNS | March 87C [01] | Cosworth DFX | |||
| Hemelgarn | 88 | Hemelgarn Racing | | DNS | March 87C | Cosworth DFX | ||||
| Hemelgarn | 91 | Amway/United Oil/Lifecycle | Scott Brayton | | DNS | March 87C | Buick 3300 V6 | |||
| Leader Card | 42 | Toshiba/Oracle/Altos | Randy Lewis | | DNS | March 87C [31] | Cosworth DFX | |||
| M.S.Racing | 37 | Subway/Indiana Carbon | Dick Simon | | DNS | Lola T8700 | Cosworth DFX | |||
| M.S.Racing | 37 | Subway/Indiana Carbon | Spike Gehlhausen | | DNS | Lola T8700 | Cosworth DFX | |||
| M.S.Racing | 87 | Subway/Indiana Carbon | Spike Gehlhausen | | DNS | March 87C [25] | Cosworth DFX | |||
| Machinists Union | 11 | Machinists/Schaefer/Playboy | Kevin Cogan | | DNS | Lola T8800 | Cosworth DFX | |||
| Machinists Union | 55 | Otter Pops/Machinists | Scott Atchison | | DNS | March 86C | Cosworth DFX | |||
| Machinists Union | 55 | Otter Pops/Machinists | Scott Atchison | | DNS | March 87C | Cosworth DFX | |||
| Mergard | 36 | Conseco | Harry Sauce | | DNS | March 87C [05] | Cosworth DFX | |||
| Mergard | 36 | Conseco | Scott Atchison | | DNS | March 87C [05] | Cosworth DFX | |||
| Mergard | 36 | Conseco | Tom Bigelow | | DNS | March 87C [05] | Cosworth DFX | |||
| Mergard | 36 | Conseco | Rich Vogler | | DNS | March 87C [05] | Cosworth DFX | |||
| Mergard | 36 | Conseco | Johnny Parsons Jr | | DNS | March 87C [05] | Cosworth DFX | |||
| Morales | 26 | Morales | | DNS | March 87C | Cosworth DFX | ||||
| Newman-Haas | 6 | Amoco/Kmart | Mario Andretti | | DNS | Lola T8800 | Chevy V8/A | |||
| Pace Racing | 28 | Hardee's | Pancho Carter | | DNS | March 87C | Buick 3300 V6 | |||
| Pace Racing | 28 | Hardee's | Pancho Carter | | DNS | March 88C [16] | Buick 3300 V6 | |||
| Pace Racing | 82 | Hardee's | Pancho Carter | | DNS | March 86C [18] | Buick 3300 V6 | |||
| Patrick | 20 | Marlboro | Emerson Fittipaldi | | DNS | Lola T8700 [HU08] | Chevy V8/A | |||
| Penske | 1 | Detroit Diesel | Rick Mears | | DNS | Penske PC-17/88 [001] | Chevy V8/A | |||
| Penske | 1 | Detroit Diesel | Al Unser | | DNS | Penske PC-17/88 [001] | Chevy V8/A | |||
| Penske | 1 | Miller High Life | Danny Sullivan | | DNS | Penske PC-17/88 [001] | Chevy V8/A | |||
| Royal Motor Racing | 60 | STP/Diamond Head Ranch | Gordon Johncock | | DNS | March 87C [02] | Cosworth DFX | |||
| Scheid Racing | 46 | Scheid Tire Centers | Gary Bettenhausen | | DNS | March 87C [27] | Cosworth DFX | |||
| Shierson | 30 | Domino's Pizza | Raul Boesel | | DNS | March 88C | Cosworth DFX | |||
| Shierson | 44 | Copenhagen/Gilmore | Raul Boesel | | DNS | Lola T8800 [HU08] | Cosworth DFX | |||
| Vince Granatelli | 2 | STP/Dianetics | Roberto Guerrero | | DNS | Lola T8800 [HU07] | Cosworth DFX | |||
| Vince Granatelli | 60 | Vince Granatelli Racing | | DNS | March 87C [02] | Cosworth DFX | ||||
| Vince Granatelli | 70 | Vince Granatelli Racing | | DNS | March 87C | Cosworth DFX |
