The 1989 Daytona 500 was the first stock car race of the 1989 NASCAR Winston Cup Series season and the 31st iteration of the event.

The race was held on Sunday, February 19, 1989, before an audience of 150,000 in Daytona Beach, Florida at Daytona International Speedway, a 2.5 miles (4.0 km) permanent triangular-shaped superspeedway.

The standard track at Daytona International Speedway is a four-turn superspeedway that is 2.5 miles (4.0 km) long.

The rest of the starting was set in the Twin 125 Qualifiers, held on Thursday, February 16 during two races.

Ken Schrader, driving for Hendrick Motorsports, would win the pole, setting a time of 45.686 and an average speed of 196.996 miles per hour (317.034 km/h) in Saturday's session.