The 1987 Holly Farms 400 was the 25th stock car race of the 1987 NASCAR Winston Cup Series season and the 38th iteration of the event.

With the help of a final fast pit stop late in the race, Junior Johnson & Associates' Terry Labonte managed to pull away from second-place Dale Earnhardt, completing a dominant run where Labonte led the final 207 laps.

It measures 0.625 mi (1.006 km) and features a unique uphill backstretch and downhill frontstretch.

The speedway briefly reopened in 2010 and hosted several stock car series races before closing again in the spring of 2011.

Bill Elliott, driving for Melling Racing, managed to win the pole, setting a time of 19.532 and an average speed of 115.196 miles per hour (185.390 km/h) in the first round.