August 16, 1987 Red Bull Ring, Spielberg | Lap distance 5.942 km
| Pos | Points | No | Driver | Car | Engine | Tyres | Laps | Race Time | Delay | Qualifying | Fastest Lap | |||
| 1 | 9 | 5 | Nigel Mansell (GBR) | Williams FW11B | Honda RA167G | Goodyear | 52 | 1:18'44.898 | 2 | 1'23.459 | 1 | 1'28.318 | (31) | |
| 2 | 6 | 6 | Nelson Piquet (BRA) | Williams FW11B | Honda RA167G | Goodyear | 52 | 1:19'40.602 | +55.704 | 1 | 1'23.357 | 2 | 1'28.358 | (27) |
| 3 | 4 | 19 | Teo Fabi (ITA) | Benetton B187 | Ford F1 | Goodyear | 51 | 1:18'49.003 | +1 lap | 5 | 1'25.054 | 7 | 1'29.559 | (41) |
| 4 | 3 | 20 | Thierry Boutsen (BEL) | Benetton B187 | Ford F1 | Goodyear | 51 | 1:20'16.504 | +1 lap | 4 | 1'24.348 | 4 | 1'29.111 | (18) |
| 5 | 2 | 12 | Ayrton Senna (BRA) | Team Lotus 99T | Honda RA167G | Goodyear | 50 | 1:19'02.239 | +2 laps | 7 | 1'25.492 | 3 | 1'28.559 | (48) |
| 6 | 1 | 1 | Alain Prost (FRA) | McLaren MP4-3 | TAG TTE PO1 | Goodyear | 50 | 1:19'04.407 | +2 laps | 9 | 1'26.170 | 6 | 1'29.291 | (32) |
| 7 | 2 | Stefan Johansson (SWE) | McLaren MP4-3 | TAG TTE PO1 | Goodyear | 50 | 1:19'57.705 | +2 laps | 14 | 1'29.003 | 5 | 1'29.238 | (50) | |
| 8 | 26 | Piercarlo Ghinzani (ITA) | Ligier JS29C | Megatron | Goodyear | 50 | 1:20'05.580 | +2 laps | 18 | 1'30.682 | 16 | 1'34.372 | (14) | |
| 9 | 10 | Christian Danner (GER) | Zakspeed 871 | Zakspeed 871 | Goodyear | 49 | 1:18'54.395 | +3 laps | 20 | 1'31.015 | 15 | 1'32.817 | (28) | |
| 10 | 25 | René Arnoux (FRA) | Ligier JS29C | Megatron | Goodyear | 49 | 1:19'46.255 | +3 laps | 16 | 1'29.733 | 17 | 1'34.785 | (9) | |
| 11 | 16 | Ivan Capelli (ITA) | March 871 | Ford Cosworth DFZ | Goodyear | 49 | 1:19'47.931 | +3 laps | 23 | 1'34.199 | 18 | 1'35.616 | (42) | |
| 12 | 30 | Philippe Alliot (FRA) | Lola LC87 | Ford Cosworth DFZ | Goodyear | 49 | 1:19'53.599 | +3 laps | 22 | 1'33.741 | 19 | 1'36.027 | (41) | |
| 13 | 11 | Satoru Nakajima (JPN) | Team Lotus 99T | Honda RA167G | Goodyear | 49 | 1:20'09.195 | +3 laps | 13 | 1'28.786 | 11 | 1'31.685 | (40) | |
| 14 | 3 | Jonathan Palmer (GBR) | Tyrrell DG016 | Ford Cosworth DFZ | Goodyear | 47 | 1:19'53.809 | +5 laps | 24 | 1'34.619 | 21 | 1'38.245 | (17) | |
| Not classified | ||||||||||||||
| -- | 14 | Pascal Fabre (FRA) | AGS JH22 | Ford Cosworth DFZ | Goodyear | 45 | 1:18'54.012 | 26 | 1'40.633 | 22 | 1'42.844 | (26) | ||
| Retirement | ||||||||||||||
| engine | 7 | Riccardo Patrese (ITA) | Brabham BT56 | BMW M12/13/1 | Goodyear | 43 | 1:07'40.705 | 8 | 1'25.766 | 10 | 1'30.629 | (30) | ||
| turbo | 27 | Michele Alboreto (ITA) | Ferrari F1-87 | Ferrari 033 | Goodyear | 42 | 1:05'44.357 | 6 | 1'25.077 | 8 | 1'30.148 | (29) | ||
| engine | 8 | Andrea de Cesaris (ITA) | Brabham BT56 | BMW M12/13/1 | Goodyear | 35 | 55'04.584 | 10 | 1'27.672 | 14 | 1'31.960 | (31) | ||
| engine | 17 | Derek Warwick (GBR) | Arrows A10 | Megatron | Goodyear | 35 | 55'12.398 | 11 | 1'27.762 | 12 | 1'31.783 | (31) | ||
| tyre | 18 | Eddie Cheever (USA) | Arrows A10 | Megatron | Goodyear | 31 | 49'27.830 | 12 | 1'28.370 | 13 | 1'31.814 | (30) | ||
| turbo | 28 | Gerhard Berger (AUT) | Ferrari F1-87 | Ferrari 033 | Goodyear | 5 | 7'45.234 | 3 | 1'24.213 | 9 | 1'30.343 | (5) | ||
| electrical | 23 | Adrián Campos (ESP) | Minardi M187 | Motori Moderni 6VTC | Goodyear | 3 | 5'06.675 | 19 | 1'30.797 | 20 | 1'37.854 | (3) | ||
| engine | 24 | Alessandro Nannini (ITA) | Minardi M187 | Motori Moderni 6VTC | Goodyear | 1 | 2'06.843 | 15 | 1'29.435 | 23 | 2'06.843 | (1) | ||
| electrical | 21 | Alex Caffi (ITA) | Osella FA1I | Alfa Romeo 890T | Goodyear | 0 | 21 | 1'32.313 | ||||||
| accident | 4 | Philippe Streiff (FRA) | Tyrrell DG016 | Ford Cosworth DFZ | Goodyear | 0 | 25 | 1'35.338 | ||||||
| Disqualified | ||||||||||||||
| -- | 9 | Martin Brundle (GBR) | Zakspeed 871 | Zakspeed 871 | Goodyear | 48 | 1:19'18.397 | 17 | 1'29.893 | 1'35.615 | (3) | |||
