November 15, 1987 Adelaide Street Circuit | Lap distance 3.780 km
| Pos | Points | No | Driver | Car | Engine | Tyres | Laps | Race Time | Delay | Qualifying | Fastest Lap | |||
| 1 | 9 | 28 | Gerhard Berger (AUT) | Ferrari F1-87 | Ferrari 033 | Goodyear | 82 | 6.000000.144 | 1 | 7.000000.267 | 1 | 0.000 | (72) | |
| 2 | 6 | 27 | Michele Alboreto (ITA) | Ferrari F1-87 | Ferrari 033 | Goodyear | 82 | 4.000000.028 | +7.000000.884 | 6 | 8.000000.578 | 3 | 1.000000.124 | (48) |
| 3 | 4 | 20 | Thierry Boutsen (BEL) | Benetton B187 | Ford F1 | Goodyear | 81 | 6.000000.070 | +1 lap | 5 | 8.000000.523 | 9 | 2.000000.769 | (45) |
| 4 | 3 | 3 | Jonathan Palmer (GBR) | Tyrrell DG016 | Ford Cosworth DFZ | Goodyear | 80 | 6.000000.400 | +2 laps | 19 | 2.000000.087 | 10 | 3.000000.197 | (59) |
| 5 | 29 | Yannick Dalmas (FRA) | Lola LC87 | Ford Cosworth DFZ | Goodyear | 79 | 4.000000.456 | +3 laps | 21 | 2.000000.650 | 11 | 3.000000.207 | (55) | |
| 6 | 1 | 14 | Roberto Moreno (BRA) | AGS JH22 | Ford Cosworth DFZ | Goodyear | 79 | 4.000000.855 | +3 laps | 25 | 3.000000.659 | 18 | 4.000000.488 | (62) |
| 7 | 10 | Christian Danner (GER) | Zakspeed 871 | Zakspeed 871 | Goodyear | 79 | 5.000000.483 | +3 laps | 24 | 3.000000.046 | 15 | 4.000000.119 | (35) | |
| 8 | 8 | Andrea de Cesaris (ITA) | Brabham BT56 | BMW M12/13/1 | Goodyear | 78 | 7.000000.682 | +4 laps | 10 | 9.000000.590 | 2 | 0.000 | (65) | |
| 9 | 5 | Riccardo Patrese (ITA) | Williams FW11B | Honda RA167G | Goodyear | 76 | 7.000000.436 | +6 laps | 7 | 8.000000.813 | 5 | 1.000000.491 | (52) | |
| Retirement | ||||||||||||||
| brakes | 6 | Nelson Piquet (BRA) | Williams FW11B | Honda RA167G | Goodyear | 58 | 1.000000.247 | 3 | 8.000000.017 | 6 | 1.000000.981 | (40) | ||
| spun off | 16 | Ivan Capelli (ITA) | March 871 | Ford Cosworth DFZ | Goodyear | 58 | 8.000000.968 | 23 | 2.000000.698 | 12 | 3.000000.296 | (55) | ||
| brakes | 1 | Alain Prost (FRA) | McLaren MP4-3 | TAG TTE PO1 | Goodyear | 53 | 2.000000.893 | 2 | 7.000000.967 | 4 | 1.000000.381 | (47) | ||
| overheating | 18 | Eddie Cheever (USA) | Arrows A10 | Megatron | Goodyear | 53 | 8.000000.394 | 11 | 0.000 | 13 | 3.000000.390 | (18) | ||
| brakes | 2 | Stefan Johansson (SWE) | McLaren MP4-3 | TAG TTE PO1 | Goodyear | 48 | 7.000000.916 | 8 | 8.000000.826 | 7 | 2.000000.232 | (38) | ||
| brakes | 19 | Teo Fabi (ITA) | Benetton B187 | Ford F1 | Goodyear | 46 | 8.000000.259 | 9 | 9.000000.461 | 8 | 2.000000.246 | (44) | ||
| transmission | 23 | Adrián Campos (ESP) | Minardi M187 | Motori Moderni 6VTC | Goodyear | 46 | 9.000000.777 | 26 | 4.000000.121 | 24 | 7.000000.676 | (35) | ||
| electrical | 30 | Philippe Alliot (FRA) | Lola LC87 | Ford Cosworth DFZ | Goodyear | 45 | 3.000000.161 | 17 | 1.000000.888 | 19 | 4.000000.834 | (39) | ||
| ignition | 25 | René Arnoux (FRA) | Ligier JS29C | Megatron | Goodyear | 41 | 1.000000.287 | 20 | 2.000000.303 | 14 | 3.000000.999 | (30) | ||
| physical | 7 | Stefano Modena (ITA) | Brabham BT56 | BMW M12/13/1 | Goodyear | 31 | 6.000000.192 | 15 | 1.000000.014 | 16 | 4.000000.294 | (4) | ||
| ignition | 26 | Piercarlo Ghinzani (ITA) | Ligier JS29C | Megatron | Goodyear | 26 | 4.000000.772 | 22 | 2.000000.689 | 21 | 5.000000.196 | (24) | ||
| suspension | 11 | Satoru Nakajima (JPN) | Team Lotus 99T | Honda RA167G | Goodyear | 22 | 5.000000.745 | 14 | 0.000 | 20 | 4.000000.926 | (18) | ||
| transmission | 17 | Derek Warwick (GBR) | Arrows A10 | Megatron | Goodyear | 19 | 3.000000.126 | 12 | 0.000 | 17 | 4.000000.478 | (18) | ||
| engine | 9 | Martin Brundle (GBR) | Zakspeed 871 | Zakspeed 871 | Goodyear | 18 | 4.000000.703 | 16 | 1.000000.483 | 22 | 5.000000.554 | (11) | ||
| spun off | 4 | Philippe Streiff (FRA) | Tyrrell DG016 | Ford Cosworth DFZ | Goodyear | 6 | 4.000000.531 | 18 | 1.000000.971 | 23 | 6.000000.823 | (6) | ||
| accident | 24 | Alessandro Nannini (ITA) | Minardi M187 | Motori Moderni 6VTC | Goodyear | 0 | 13 | 0.000 | ||||||
| Disqualified | ||||||||||||||
| -- | 12 | Ayrton Senna (BRA) | Team Lotus 99T | Honda RA167G | Goodyear | 82 | 0.000 | 4 | 8.000000.488 | 0.000 | (63) | |||
| Not qualified | ||||||||||||||
| -- | 21 | Alex Caffi (ITA) | Osella FA1I | Alfa Romeo 890T | Goodyear | 5.000000.872 | ||||||||
