Race Result
| GP n. 436 - 26/10/1986 - Grand Prix of Australia Adelaide Street Circuit |
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| Winner: | Alain Prost / McLaren-TAG - 1:54'20.388 | ||||||
| Pole Position: | Nigel Mansell / Williams-Honda - 1:18.403 | ||||||
| Fastest Lap: | Nelson Piquet / Williams-Honda - 1:20.787 | ||||||
| Pos | Nš | Driver | Constructor | Laps | Time/Retired | Grid | Points |
| 1 | 1 |  Alain Prost |
McLaren-TAG | 82 | 1:54'20.388 | 4 | 9 |
| 2 | 6 |  Nelson Piquet |
Williams-Honda | 82 | +4.205 | 2 | 6 |
| 3 | 28 |  Stefan Johansson |
Ferrari | 81 | + 1 laps | 12 | 4 |
| 4 | 3 |  Martin Brundle |
Tyrrell-Renault | 81 | + 1 lap | 16 | 3 |
| 5 | 4 | Philippe Streiff |
Tyrrell-Renault | 80 | out of fuel | 10 | 2 |
| 6 | 11 | Johnny Dumfries |
Lotus-Renault | 80 | + 2 laps | 14 | 1 |
| 7 | 25 | Rene Arnoux |
Ligier-Renault | 79 | + 3 laps | 5 | 0 |
| 8 | 26 | Philippe Alliot |
Ligier-Renault | 79 | + 3 laps | 8 | 0 |
| 9 | 14 | Jonathan Palmer |
Zakspeed | 77 | + 5 laps | 21 | 0 |
| 10 | 19 |  Teo Fabi |
Benetton-BMW | 77 | + 5 laps | 13 | 0 |
| Nc | 16 | Patrick Tambay |
Lola-Ford | 70 | not classified | 17 | 0 |
| Nc | 22 |  Allen Berg |
Osella-Alfa Romeo | 61 | not classified | 26 | 0 |
| Ret | 7 | Riccardo Patrese |
Brabham-BMW | 63 | electrical | 19 | 0 |
| Ret | 5 | Nigel Mansell |
Williams-Honda | 63 | tyre | 1 | 0 |
| Ret | 2 |  Keke Rosberg |
McLaren-TAG | 62 | tyre | 7 | 0 |
| Ret | 8 | Derek Warwick |
Brabham-BMW | 57 | brakes | 20 | 0 |
| Ret | 17 |  Christian Danner |
Arrows-BMW | 52 | engine | 24 | 0 |
| Ret | 18 |  Thierry Boutsen |
Arrows-BMW | 50 | engine | 22 | 0 |
| Ret | 12 | Ayrton Senna |
Lotus-Renault | 43 | engine | 3 | 0 |
| Ret | 20 |  Gerhard Berger |
Benetton-BMW | 40 | engine | 6 | 0 |
| Ret | 23 | Andrea de Cesaris |
Minardi-Motori Moderni | 40 | mechanical | 11 | 0 |
| Ret | 29 |  Huub Rothengatter |
Zakspeed | 29 | suspension | 23 | 0 |
| Ret | 15 |  Alan Jones |
Lola-Ford | 16 | engine | 15 | 0 |
| Ret | 24 | Alessandro Nannini |
Minardi-Motori Moderni | 10 | accident | 18 | 0 |
| Ret | 21 | Piercarlo Ghinzani |
Osella-Alfa Romeo | 2 | transmission | 25 | 0 |
| Ret | 27 | Michele Alboreto |
Ferrari | 0 | accident | 9 | 0 |