July 24, 1988 Hockenheimring | Lap distance 6.797 km
| Pos | Points | No | Driver | Car | Engine | Tyres | Laps | Race Time | Delay | Qualifying | Fastest Lap | |||
| 1 | 9 | 12 | Ayrton Senna (BRA) | McLaren MP4-4 | Honda RA168-E | Goodyear | 44 | 4.000000.188 | 1 | 4.000000.596 | 3 | 5.000000.001 | (18) | |
| 2 | 6 | 11 | Alain Prost (FRA) | McLaren MP4-4 | Honda RA168-E | Goodyear | 44 | 7.000000.797 | +3.000000.609 | 2 | 4.000000.873 | 2 | 4.000000.888 | (21) |
| 3 | 4 | 28 | Gerhard Berger (AUT) | Ferrari F1/87-88C | Ferrari 156/88 | Goodyear | 44 | 6.000000.283 | +2.000000.095 | 3 | 6.000000.115 | 6 | 5.000000.735 | (7) |
| 4 | 3 | 27 | Michele Alboreto (ITA) | Ferrari F1/87-88C | Ferrari 156/88 | Goodyear | 44 | 5.000000.100 | +0.000 | 4 | 7.000000.154 | 5 | 5.000000.704 | (11) |
| 5 | 2 | 16 | Ivan Capelli (ITA) | March 881 | Judd CV | Goodyear | 44 | 3.000000.794 | +9.000000.606 | 7 | 8.000000.703 | 9 | 6.000000.833 | (15) |
| 6 | 1 | 20 | Thierry Boutsen (BEL) | Benetton B188 | Ford Cosworth DFR | Goodyear | 43 | 4.000000.621 | +1 lap | 9 | 8.000000.837 | 12 | 7.000000.273 | (7) |
| 7 | 17 | Derek Warwick (GBR) | Arrows A10B | Megatron | Goodyear | 43 | 1.000000.625 | +1 lap | 12 | 0.000 | 14 | 7.000000.545 | (43) | |
| 8 | 15 | Mauricio Gugelmin (BRA) | March 881 | Judd CV | Goodyear | 43 | 1.000000.390 | +1 lap | 10 | 9.000000.511 | 10 | 6.000000.946 | (10) | |
| 9 | 2 | Satoru Nakajima (JPN) | Team Lotus 100T | Honda RA168-E | Goodyear | 43 | 1.000000.685 | +1 lap | 8 | 8.000000.781 | 11 | 7.000000.242 | (43) | |
| 10 | 18 | Eddie Cheever (USA) | Arrows A10B | Megatron | Goodyear | 43 | 0.000 | +1 lap | 15 | 1.000000.171 | 13 | 7.000000.388 | (42) | |
| 11 | 3 | Jonathan Palmer (GBR) | Tyrrell 017 | Ford Cosworth DFZ | Goodyear | 43 | 0.000 | +1 lap | 24 | 2.000000.908 | 16 | 8.000000.507 | (41) | |
| 12 | 10 | Bernd Schneider (GER) | Zakspeed 881 | Zakspeed 881 | Goodyear | 43 | 6.000000.348 | +1 lap | 22 | 2.000000.664 | 18 | 9.000000.142 | (43) | |
| 13 | 22 | Andrea de Cesaris (ITA) | Rial ARC-01 | Ford Cosworth DFZ | Goodyear | 42 | 0.000 | +2 laps | 14 | 1.000000.004 | 4 | 5.000000.413 | (42) | |
| 14 | 9 | Piercarlo Ghinzani (ITA) | Zakspeed 881 | Zakspeed 881 | Goodyear | 42 | 4.000000.111 | +2 laps | 23 | 2.000000.674 | 22 | 0.000 | (38) | |
| 15 | 36 | Alex Caffi (ITA) | Dallara BMS-188 | Ford Cosworth DFZ | Goodyear | 42 | 8.000000.400 | +2 laps | 19 | 2.000000.277 | 8 | 6.000000.814 | (42) | |
| 16 | 32 | Oscar Larrauri (ARG) | Euro Brun ER-188 | Ford Cosworth DFZ | Goodyear | 42 | 3.000000.827 | +2 laps | 26 | 3.000000.043 | 21 | 9.000000.754 | (12) | |
| 17 | 25 | René Arnoux (FRA) | Ligier JS31 | Judd CV | Goodyear | 41 | 4.000000.884 | +3 laps | 17 | 2.000000.080 | 23 | 1.000000.241 | (12) | |
| 18 | 19 | Alessandro Nannini (ITA) | Benetton B188 | Ford Cosworth DFR | Goodyear | 40 | 7.000000.029 | +4 laps | 6 | 8.000000.208 | 1 | 3.000000.032 | (40) | |
| 19 | 29 | Yannick Dalmas (FRA) | Lola LC88 | Ford Cosworth DFZ | Goodyear | 39 | 5.000000.992 | +5 laps | 21 | 2.000000.436 | 19 | 9.000000.545 | (39) | |
| Retirement | ||||||||||||||
| throttle | 14 | Philippe Streiff (FRA) | AGS JH23 | Ford Cosworth DFZ | Goodyear | 38 | 9.000000.446 | 16 | 1.000000.642 | 17 | 8.000000.812 | (33) | ||
| spun off | 6 | Riccardo Patrese (ITA) | Williams FW12 | Judd CV | Goodyear | 34 | 2.000000.657 | 13 | 0.000 | 15 | 8.000000.191 | (12) | ||
| engine | 21 | Nicola Larini (ITA) | Osella FA1L | Osella 890T | Goodyear | 27 | 5.000000.070 | 18 | 2.000000.168 | 20 | 9.000000.715 | (27) | ||
| spun off | 5 | Nigel Mansell (GBR) | Williams FW12 | Judd CV | Goodyear | 16 | 6.000000.369 | 11 | 9.000000.880 | 7 | 6.000000.317 | (9) | ||
| engine | 33 | Stefano Modena (ITA) | Euro Brun ER-188 | Ford Cosworth DFZ | Goodyear | 15 | 7.000000.718 | 25 | 2.000000.998 | 25 | 3.000000.447 | (10) | ||
| spun off | 30 | Philippe Alliot (FRA) | Lola LC88 | Ford Cosworth DFZ | Goodyear | 8 | 1.000000.731 | 20 | 2.000000.293 | 24 | 1.000000.403 | (7) | ||
| spun off | 1 | Nelson Piquet (BRA) | Team Lotus 100T | Honda RA168-E | Goodyear | 1 | 9.000000.605 | 5 | 7.000000.681 | 26 | 9.000000.605 | (1) | ||
| Not qualified | ||||||||||||||
| -- | 24 | Luis Perez-Sala (ESP) | Minardi M188 | Ford Cosworth DFZ | Goodyear | 3.000000.356 | ||||||||
| -- | 26 | Stefan Johansson (SWE) | Ligier JS31 | Judd CV | Goodyear | 3.000000.507 | ||||||||
| -- | 4 | Julian Bailey (GBR) | Tyrrell 017 | Ford Cosworth DFZ | Goodyear | 3.000000.576 | ||||||||
| -- | 23 | Pierluigi Martini (ITA) | Minardi M188 | Ford Cosworth DFZ | Goodyear | 3.000000.596 | ||||||||
| Not pre-qualified | ||||||||||||||
| -- | 31 | Gabriele Tarquini (ITA) | Coloni FC-188 | Ford Cosworth DFZ | Goodyear | 4.000000.358 | ||||||||
