Race Results for the 1989 Indianapolis 500
| Finish | Start | Car Num. | Driver | Car Name/Entrant* | Make/Model | Status | Laps | Led | Winnings |
| 1 | 3 | 20 | Emerson Fittipaldi | Marlboro | Penske/Chevrolet Indy | 167.581 | 200 | 158 | $1,001,604 |
| 2 | 8 | 2 | Al Unser Jr. | Valvoline | Lola/Chevrolet Indy | Accident | 198 | 5 | $390,453 |
| 3 | 9 | 30 | Raul Boesel | Domino's Pizza | Lola/Judd | Running | 194 | 1 | $306,603 |
| 4 | 5 | 5 | Mario Andretti (W) | Kmart/Havoline | Lola/Chevrolet Indy | Running | 193 | 1 | $193,853 |
| 5 | 10 | 14 | A.J. Foyt (W) | Copenhagen/Gilmore | Lola/Cosworth DFX | Running | 193 | 0 | $177,403 |
| 6 | 6 | 22 | Scott Brayton | Amway/Speedway/Uniden | Lola/Buick | Running | 193 | 0 | $190,903 |
| 7 | 31 | 50 | Davy Jones | Euromotorsport/UNO | Lola/Cosworth DFX | Running | 192 | 0 | $151,328 |
| 8 | 33 | 29 | Rich Vogler | Byrd's/Bryant/Saturday Evening Post | March/Cosworth DFX | Running | 192 | 0 | $153,203 |
| 9 | 20 | 69 | Bernard Jourdain (R) | Corona-Monarch | Lola/Cosworth DFX | Running | 191 | 0 | $150,153 |
| 10 | 17 | 3 | Scott Pruett (R) | Budweiser | Lola/Judd | Running | 190 | 0 | $141,053 |
| 11 | 25 | 65 | John Jones (R) | Labatt's | Lola/Cosworth DFX | Running | 189 | 0 | $134,103 |
| 12 | 30 | 81 | Bill Vukovich III | Hemelgarn/Consani/Sierra | Lola/Judd | Running | 186 | 0 | $147,203 |
| 13 | 18 | 71 | Ludwig Heimrath, Jr. | MacKenzie Funds | Lola/Judd | Running | 185 | 0 | $123,803 |
| 14 | 28 | 33 | Rocky Moran | Skoal Classic | March/Cosworth DFX | Running | 181 | 0 | $122,503 |
| 15 | 24 | 10 | Derek Daly | Raynor Garage Doors | Lola/Judd | Running | 167 | 0 | $125,103 |
| 16 | 16 | 56 | Tero Palmroth | Neste/Rotator/Nanso | Lola/Cosworth DFX | Spindle | 165 | 0 | $122,803 |
| 17 | 21 | 6 | Michael Andretti | Kmart/Havoline | Lola/Chevrolet Indy | Engine | 163 | 35 | $164,353 |
| 18 | 29 | 86 | Dominic Dobson | Texaco Havoline Star | Lola/Cosworth DFX | Drive train | 161 | 0 | $113,003 |
| 19 | 4 | 15 | Jim Crawford | Mac Tools/Planters | Lola/Buick | Drive train | 135 | 0 | $119,403 |
| 20 | 19 | 12 | Didier Theys (R) | Arciero MacPherson | Penske/Cosworth DFX | Engine | 131 | 0 | $111,503 |
| 21 | 15 | 9 | Arie Luyendyk | Provimi/Dutch Boy | Lola/Cosworth DFS | Engine | 123 | 0 | $110,203 |
| 22 | 32 | 24 | Pancho Carter | Hardee's | Lola/Cosworth DFX | Electrical | 121 | 0 | $108,503 |
| 23 | 1 | 4 | Rick Mears (W) | Pennzoil Z-7 | Penske/Chevrolet Indy | Engine | 113 | 0 | $267,903 |
| 24 | 2 | 25 | Al Unser (W) | Marlboro | Penske/Chevrolet Indy | Clutch | 68 | 0 | $132,903 |
| 25 | 12 | 70 | John Andretti | Tuneup Masters/Granatelli/STP | Lola/Buick | Engine | 61 | 0 | $104,503 |
| 26 | 7 | 18 | Bobby Rahal (W) | Kraco | Lola/Cosworth DFS | Valve | 58 | 0 | $103,703 |
| 27 | 22 | 7 | Tom Sneva (W) | STP/Granatelli | Lola/Buick | Pit fire | 55 | 0 | $106,003 |
| 28 | 26 | 1 | Danny Sullivan (W) | Miller High Life | Penske/Chevrolet Indy | Clutch | 41 | 0 | $125,903 |
| 29 | 11 | 28 | Randy Lewis | Toshiba-Oracle | Lola/Cosworth DFX | Wheel bearing | 24 | 0 | $101,903 |
| 30 | 13 | 8 | Teo Fabi | Quaker State/Porsche | March/Porsche | Ignition | 23 | 0 | $113,753 |
| 31 | 23 | 91 | Gordon Johncock (W) | STP/Pizza Hut/WRTV | Lola/Buick | Engine | 19 | 0 | $103,703 |
| 32 | 27 | 11 | Kevin Cogan | Schaefer/Playboy Fashions | March/Cosworth DFX | Accident | 2 | 0 | $102,503 |
| 33 | 14 | 99 | Gary Bettenhausen | ATEC Environmental | Lola/Buick | Bent valve | 0 | 0 | $101,903 |
* - complete car name/entrant data not available for all entries
(R) - Indicated Rookie
(W) - Indicates Past Winner
