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| Date | Sunday 2 October 1988 |
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| Start time | 14:00 |
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| Event |  Spanish GP |
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| Circuit | Jerez |
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| Event Format | Race of 72 laps |
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| Championship | World Championship |
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| Race number | #14 of 16 in 1988
#466 (of all time) |
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| Laps | 72 |
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| Circuit Perimeter | 4218 m |
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| Race Distance | 4218 × 72 = 303.696 km |
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| Grid Format | 2-2-2-2 (staggered) |
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| Pole Position | Right |
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| First Corner | Right |
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| Track Direction | Clockwise |
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| Weather | Sunny, Hot, Dry |
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| Entries | 31 |
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| Qualifiers | 26 |
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| Finishers | 14 |
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| Debutants | None |
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| Milestones | Castrol – 500th Race Entry (Lubricant Manufacturer)
West Zakspeed Racing – 100th Race Entry (Entrant)
Zakspeed – 100th Race Entry (Engine Manufacturer)
 Zakspeed – 100th Race Entry (Car Manufacturer)
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| Records Broken |
1. Most Race Wins in a Season –  McLaren (13),
2. Most Failures to Pre-Qualify –  Gabriele Tarquini (5),
3. Most 22nd Place Qualifications – Jonathan Palmer (10),
4. Most Failures to Pre-Qualify in a Season – Coloni (5),
5. Most Failures to Pre-Qualify in a Season – Gabriele Tarquini (5),
6. Most Poles in a Season – McLaren (13)
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| Records Extended |
1. Most Retirements – Lotus (492),
2. Most Constructors' Championship Points Scores – Ferrari (390),
3. Most Drivers' Championship Points Scores – Ferrari (522),
4. Most Constructors' Championship Points Scores –  Alain Prost (81),
5. Most Podium Finishes – Alain Prost (67),
6. Most Drivers' Championship Points Scores – Alain Prost (81),
7. Most Race Wins – Alain Prost (34),
8. Most 6th Place Finishes – Ferrari (58),
9. Most Race Entries – Lotus (1136),
10. Most 2nd Place Qualifications – Alain Prost (31),
11. Most 8th Place Qualifications – Ferrari (66),
12. Most 22nd Place Qualifications – Tyrrell (32),
13. Most Poles in a Season –  Ayrton Senna (11)
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