The 1988 Daytona 500 was the first stock car race of the 1988 NASCAR Winston Cup Series season and the 30th iteration of the event. The race was held on Sunday, February 14, 1988, before an audience of 135,000 in Daytona Beach, Florida at Daytona International Speedway, a 2.5 miles (4.0 km) permanent triangular-shaped superspeedway. The race took the scheduled 200 laps to complete. In the final laps of the race, Stavola Brothers Racing's Bobby Allison managed to fend off his son, Ranier-Lundy Racing's Davey Allison to the finish to take his 85th and final career NASCAR Winston Cup Series victory, his only victory of the season, and his third Daytona 500 victory. Jackson Bros. Motorsports' Phil Parsons rounded out the top three.