Race Result
| GP n. 466 - 02/10/1988 - Grand Prix of Spain Circuito Permanente de Jeréz |
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| Winner: | Alain Prost / McLaren-Honda - 1:48'43.851 | ||||||
| Pole Position: | Ayrton Senna / McLaren-Honda - 1:24.067 | ||||||
| Fastest Lap: | Alain Prost / McLaren-Honda - 1:27.845 | ||||||
| Pos | Nº | Driver | Constructor | Laps | Time/Retired | Grid | Points |
| 1 | 11 |  Alain Prost |
McLaren-Honda | 72 | 1:48'43.851 | 2 | 9 |
| 2 | 5 |  Nigel Mansell |
Williams-Judd | 72 | +26.232 | 3 | 6 |
| 3 | 19 |  Alessandro Nannini |
Benetton-Ford | 72 | +35.446 | 5 | 4 |
| 4 | 12 |  Ayrton Senna |
McLaren-Honda | 72 | +46.710 | 1 | 3 |
| 5 | 6 | Riccardo Patrese |
Williams-Judd | 72 | +47.430 | 7 | 2 |
| 6 | 28 |  Gerhard Berger |
Ferrari | 72 | +51.813 | 8 | 1 |
| 7 | 15 | Mauricio Gugelmin |
March-Judd | 72 | + 1'15.964 | 11 | 0 |
| 8 | 1 | Nelson Piquet |
Lotus-Honda | 72 | + 1'17.309 | 9 | 0 |
| 9 | 20 |  Thierry Boutsen |
Benetton-Ford | 72 | + 1'17.655 | 4 | 0 |
| 10 | 36 | Alex Caffi |
Dallara-Ford | 71 | + 1 lap | 18 | 0 |
| 11 | 29 | Yannick Dalmas |
Lola-Ford | 71 | + 1 lap | 16 | 0 |
| 12 | 24 |  Luis Perez-Sala |
Minardi-Ford | 70 | + 2 laps | 24 | 0 |
| 13 | 33 | Stefano Modena |
Euro Brun-Ford | 70 | + 2 laps | 26 | 0 |
| 14 | 30 | Philippe Alliot |
Lola-Ford | 69 | + 3 laps | 12 | 0 |
| Ret | 26 |  Stefan Johansson |
Ligier-Judd | 62 | wheel | 21 | 0 |
| Ret | 18 |  Eddie Cheever |
Arrows-Megatron | 60 | chassis | 25 | 0 |
| Ret | 16 | Ivan Capelli |
March-Judd | 45 | engine | 6 | 0 |
| Ret | 17 | Derek Warwick |
Arrows-Megatron | 41 | chassis | 17 | 0 |
| Ret | 22 | Andrea de Cesaris |
Rial-Ford | 37 | engine | 23 | 0 |
| Ret | 14 | Philippe Streiff |
AGS-Ford | 16 | engine | 13 | 0 |
| Ret | 27 | Michele Alboreto |
Ferrari | 15 | engine | 10 | 0 |
| Ret | 23 | Pierluigi Martini |
Minardi-Ford | 15 | gear box | 20 | 0 |
| Ret | 2 |  Satoru Nakajima |
Lotus-Honda | 14 | spun off | 15 | 0 |
| Ret | 21 | Nicola Larini |
Osella | 9 | suspension | 14 | 0 |
| Ret | 3 | Jonathan Palmer |
Tyrrell-Ford | 4 | chassis | 22 | 0 |
| Ret | 25 | Rene Arnoux |
Ligier-Judd | 0 | throttle | 19 | 0 |
| Dnq | 31 | Gabriele Tarquini |
Coloni-Ford | did not qualify | 0 | ||
| Dnq | 32 |  Oscar Larrauri |
Euro Brun-Ford | did not qualify | 0 | ||
| Dnq | 4 | Julian Bailey |
Tyrrell-Ford | did not qualify | 0 | ||
| Dnq | 9 | Piercarlo Ghinzani |
Zakspeed | did not qualify | 0 | ||
| Dnq | 10 |  Bernd Schneider |
Zakspeed | did not qualify | 0 | ||