The winning driver received the 1988 CAMS Gold Star[1] and is recognised by CAMS as the winner of both the 43rd Australian Drivers' Championship and the 21st Australian Formula 2 Championship.
[3] New South Wales driver Rohan Onslow won the first of his two Australian Drivers' Championships and his only Australian Formula 2 Championship driving a Cheetah Mk.8 Volkswagen and a Ralt RT30 Volkswagen.
Onslow and Neil Israel (Magnum 863 Volkswagen) each attained two round wins with single victories scored by Pingel, Ward and factory Nissan Touring Car driver Glenn Seton, who drove a Nissan Pulsar powered Ralt RT4 in two rounds of the championship.
Seton's win at Adelaide International Raceway would be the only win for a car powered by an engine other than a Volkswagen Golf unit during the two years in which Australian Formula 2 cars contested the Australian Drivers' Championship.
[4] Championship points were awarded on a 30-27-24-21-19-17-15-14-13-12-11-10-9-8-7-6-5-4-3-2 basis for the first twenty places at each round.