The Gators competed in the University Division of the National Collegiate Athletic Association (NCAA) and the Southeastern Conference (SEC).

In their seventh season under head coach Ray Graves, the Gators compiled an overall win–loss record of 9–2 with a mark of 5–1 in conference play, placing third among the SEC's ten teams.

[1][2] Led by quarterback Steve Spurrier, the Gators outscored their opponents by a combined total of 265 to 147 and concluded their 1966 season with a 27–12 victory over the Georgia Tech Yellow Jackets in the 1967 Orange Bowl.

Three of Florida's four touchdowns were set up by interceptions of passes thrown by Mississippi State quarterback Don Saget.

Quarterback Steve Spurrier threw two touchdown passes to Richard Trapp in the first half, but Florida State scored nine points in the third quarter to take a 19–14 lead.

Late in the game, a Florida State receiver was ruled out of bounds when he caught a pass in the end zone; the Seminoles missed a 48-yard field goal attempt as time expired.

[18] On October 29, the Gators won their seventh straight game, defeating coach Shug Jordan's Auburn Tigers before a record homecoming crowd at Florida Field by a 30–27 score, trading the lead back and forth all day.

[19] After Auburn fumbled the opening kickoff,[20] quarterback Steve Spurrier threw a touchdown pass to Richard Trapp on the third play of the game.

[22] With the game tied at 27, Spurrier was engineering another late drive for the win, but was stopped at Auburn's 39-yard-line following an intentional grounding penalty.

[19] The distance was outside the usual range of the Gators regular placekicker Wayne "Shade tree" Barfield, but Spurrier had kicked 40-yard field goals in practice.

Bulldogs running back Ron Jenkins led the attack for Georgia with 88 rushing yards and a touchdown on 20 carries.

Thereafter, the Gators were limited to a field goal, as Georgia repeatedly blitzed Florida quarterback Steve Spurrier and held him to 16 of 29 passes for 133 yards.

Quarterback Steve Spurrier, playing in his last home game, led a "desperate surge" that brought the Gators to within five points.

Spurrier led another long drive in the fourth quarter that was capped by a touchdown run by Larry Smith.

[5] On January 2, 1967, Florida defeated the Georgia Tech Yellow Jackets by a 27–12 score in the 33rd Orange Bowl game.

Florida tailback Larry Smith carried the ball 23 times for 187 yards, including a 94-yard touchdown run in the third quarter while struggling to keep his pants up.

Fullback Graham McKeel also scored two touchdowns, and the Florida defense intercepted four passes and recovered a fumble.

Quarterback Steve Spurrier saw limited action due to a sore throwing arm, but still completed 14 of 30 passes for 160 yards.

"[4] Quarterbacks Halfbacks Fullbacks Tight ends Wide receivers/Flankers Tackles Guards Centers Defensive ends Defensive tackles/guards Linebackers Defensive backs Unlisted Roster notes In the post-season award season, Florida quarterback Steve Spurrier received numerous awards, including the following: Florida center Bill Carr was the team's other first-team All-American, receiving first-team honors from Time magazine and The Sporting News.