The 1987 Mexican Grand Prix was a Formula One motor race held at Autódromo Hermanos Rodríguez in Mexico City on 18 October 1987.

The race was divided into two heats after British driver Derek Warwick crashed his Arrows A10 heavily exiting the high-speed Peraltada corner on lap 31 after a rear suspension failure; the Arrows car's rear suspension was weakened by Satoru Nakajima crashing his Lotus-Honda straight into the back of Warwick's car at the end of the main straight earlier in the race.

Naturally aspirated Jim Clark Trophy cars climbed into the points with Philippe Alliot (Lola LC87) taking his third top six result for the year.

During Saturday morning's 90 minute free practice session, a number of the turbo teams ran their cars at the 2.5 Bar boost limit that would be enforced in 1988.

To the surprise of many, lap times actually proved faster than they would in the afternoon's qualifying session when the cars were running their full 4.0 Bar boost settings.