Race Result
| GP n. 455 - 15/05/1988 - Grand Prix of Monaco Circuit de Monte Carlo |
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| Winner: | Alain Prost / McLaren-Honda - 1:57'17.077 | ||||||
| Pole Position: | Ayrton Senna / McLaren-Honda - 1:23.998 | ||||||
| Fastest Lap: | Ayrton Senna / McLaren-Honda - 1:26.321 | ||||||
| Pos | Nš | Driver | Constructor | Laps | Time/Retired | Grid | Points |
| 1 | 11 |  Alain Prost |
McLaren-Honda | 78 | 1:57'17.077 | 2 | 9 |
| 2 | 28 |  Gerhard Berger |
Ferrari | 78 | +20.453 | 3 | 6 |
| 3 | 27 |  Michele Alboreto |
Ferrari | 78 | +41.229 | 4 | 4 |
| 4 | 17 |  Derek Warwick |
Arrows-Megatron | 77 | + 1 lap | 7 | 3 |
| 5 | 3 | Jonathan Palmer |
Tyrrell-Ford | 77 | + 1 lap | 10 | 2 |
| 6 | 6 | Riccardo Patrese |
Williams-Judd | 77 | + 1 lap | 8 | 1 |
| 7 | 29 | Yannick Dalmas |
Lola-Ford | 77 | + 1 lap | 21 | 0 |
| 8 | 20 |  Thierry Boutsen |
Benetton-Ford | 76 | + 2 laps | 16 | 0 |
| 9 | 21 | Nicola Larini |
Osella | 75 | + 3 laps | 25 | 0 |
| 10 | 16 | Ivan Capelli |
March-Judd | 72 | + 6 laps | 22 | 0 |
| Ret | 12 |  Ayrton Senna |
McLaren-Honda | 66 | spun off | 1 | 0 |
| Ret | 30 | Philippe Alliot |
Lola-Ford | 50 | collision | 13 | 0 |
| Ret | 15 | Mauricio Gugelmin |
March-Judd | 45 | fuel system | 14 | 0 |
| Ret | 9 | Piercarlo Ghinzani |
Zakspeed | 43 | gear box | 23 | 0 |
| Ret | 19 | Alessandro Nannini |
Benetton-Ford | 38 | gear box | 6 | 0 |
| Ret | 24 |  Luis Perez-Sala |
Minardi-Ford | 36 | halfshaft | 15 | 0 |
| Ret | 5 | Nigel Mansell |
Williams-Judd | 32 | collision | 5 | 0 |
| Ret | 22 | Andrea de Cesaris |
Rial-Ford | 28 | engine | 19 | 0 |
| Ret | 25 | Rene Arnoux |
Ligier-Judd | 17 | engine | 20 | 0 |
| Ret | 32 |  Oscar Larrauri |
Euro Brun-Ford | 14 | brakes | 18 | 0 |
| Ret | 18 |  Eddie Cheever |
Arrows-Megatron | 8 | engine | 9 | 0 |
| Ret | 26 |  Stefan Johansson |
Ligier-Judd | 6 | engine | 26 | 0 |
| Ret | 31 | Gabriele Tarquini |
Coloni-Ford | 5 | suspension | 24 | 0 |
| Ret | 36 | Alex Caffi |
Dallara-Ford | 0 | spun off | 17 | 0 |
| Ret | 1 | Nelson Piquet |
Lotus-Honda | 0 | collision | 11 | 0 |
| Dnq | 33 | Stefano Modena |
Euro Brun-Ford | did not qualify | 0 | ||
| Dnq | 2 |  Satoru Nakajima |
Lotus-Honda | did not qualify | 0 | ||
| Dnq | 23 | Adrian Campos |
Minardi-Ford | did not qualify | 0 | ||
| Dnq | 4 | Julian Bailey |
Tyrrell-Ford | did not qualify | 0 | ||
| Dnq | 10 |  Bernd Schneider |
Zakspeed | did not qualify | 0 | ||
| Dns | 14 | Philippe Streiff |
AGS-Ford | 0 | throttle | 12 | 0 |