The 1987 Sovran Bank 500 was the eighth stock car race of the 1987 NASCAR Winston Cup Series season and the 38th iteration of the event.

Taking advantage of a misfortunate Geoff Bodine, who spun from a large lead over the field with 17 laps in the race, Richard Childress Racing's Dale Earnhardt managed to hold the lead after Bodine's spin to take his 26th career NASCAR Winston Cup Series victory, his sixth victory of the season, and his fourth straight victory, increasing his driver's championship points lead to 157 points.

[1][2] To fill out the top three, Blue Max Racing's Rusty Wallace and the aforementioned Geoff Bodine finished second and third, respectively.

Depending on who needed it, a select amount of positions were given to cars that had not otherwise qualified but were high enough in owner's points; up to two were given.

[4] Morgan Shepherd, driving for King Racing, managed to win the pole, setting a time of 20.728 and an average speed of 91.355 miles per hour (147.022 km/h).