Australian Grand Prix 1988
Race distance: 82 Laps
| Placing | Driver | Team | Time |
| 1 | Alain Prost | McLaren-Honda | 1h 53m 14.676s |
| 2 | Ayrton Senna | McLaren-Honda | + 36.787s |
| 3 | Nelson Piquet | Lotus-Honda | + 47.546s |
| 4 | Riccardo Patrese | Williams-Judd | + 1m 20.088s |
| 5 | Thierry Boutsen | Benetton-Cosworth | + 1 Lap |
| 6 | Ivan Capelli | March-Judd | + 1 Lap |
| 7 | Pierluigi Martini | Minardi-Cosworth | + 2 Laps |
Did not finish
| 8 | Andrea de Cesaris | Rial-Cosworth | Out Of Fuel on lap 77 |
| 9 | Stefan Johansson | Ligier-Judd | Out Of Fuel on lap 76 |
| 10 | Philippe Alliot | Lola-Cosworth | Out Of Fuel on lap 75 |
| 11 | Philippe Streiff | AGS-Cosworth | Electrics on lap 73 |
| 12 | Piercarlo Ghinzani | Zakspeed | Fuel Pump on lap 69 |
| 13 | Nigel Mansell | Williams-Judd | Brakes / accident on lap 65 |
| 14 | Alessandro Nannini | Benetton-Cosworth | Handling / spin on lap 63 |
| 15 | Stefano Modena | EuroBrun-Cosworth | Half Shaft on lap 63 |
| 16 | Derek Warwick | Arrows-Megatron | Throttle on lap 52 |
| 17 | Eddie Cheever | Arrows-Megatron | Engine on lap 51 |
| 18 | Mauricio Gugelmin | March-Judd | Accident on lap 46 |
| 19 | Satoru Nakajimi | Lotus-Honda | Accident on lap 45 |
| 20 | Luis Sala | Minardi-Cosworth | Electrics on lap 41 |
| 21 | Alex Caffi | Dallara-Cosworth | Clutch on lap 32 |
| 22 | Gerhard Berger | Ferrari | Accident on lap 25 |
| 23 | Rene Arnoux | Ligier-Judd | Accident on lap 24 |
| 24 | Jonathan Palmer | Tyrrell-Cosworth | Crown Wheel & Pinion on lap 16 |
| 25 | Oscar Larrauri | EuroBrun-Cosworth | Accident on lap 12 |
| 26 | Michele Alboreto | Ferrari | Accident on lap 0 |