After being rained out on May 25–26, the race was rescheduled for the following weekend. Bobby Rahal was the winner, becoming the first driver in Indy history to complete the 500 miles in less than three hours.
Nearly the entire race unfolded as a three-way battle between polesitter Rick Mears, Bobby Rahal, and Kevin Cogan. Cogan, who was a key fixture in the controversial crash on the opening lap of the 1982 race, took the lead in dramatic fashion with 13 laps to go. Cogan appeared to be on his way to victory, and career redemption, but his lead evaporated when a caution for a spin by Arie Luyendyk came out on lap 194. With two laps to go, the green flag came back out. Second place Bobby Rahal got the jump on the restart and grabbed the lead. Rahal pulled away and won the race, with car owner Jim Trueman, stricken with cancer, cheering him on in the pit area. Trueman died eleven days after the victory. At the time, its was the closest three-car finish in Indy history.
- 4.2 oz.(US) 7 oz. (CA), 52/48 Airlume combed and ringspun cotton/polyester, 32 singles
- Retail fit
- Unisex sizing
- Coverstitched collar and sleeves
- Shoulder-to-shoulder taping
- Heather Cement
- Officially Licensed