1987 IndyCar season Teams and drivers Teams and drivers

| Team | Chassis | Engine | Drivers | Sponsors | Rounds |
|---|---|---|---|---|---|
| Dale Coyne Racing | March 86C | Chevy / Cosworth | Dale Coyne | Coyne Racing | 1-2, 4-15 |
| Dick Simon Racing | Lola T8700 | Cosworth | Dick Simon | Soundesign / Mackenzie Financial | 1-10, 13 |
| Dick Simon Racing | Lola T8700 | Cosworth | Wally Dallenbach, Jr. (R) | Menard`s | 11 |
| Dick Simon Racing | Lola T8700 | Cosworth | Ludwig Heimrath (R) | Mackenzie Financial | 12 |
| Dick Simon Racing | Lola T8700 | Cosworth | John Richards (R) | Soundesign | 14 |
| Dick Simon Racing | Lola T8700 | Cosworth | Jeff Wood (R) | Soundesign | 15 |
| Dick Simon Racing | Lola T8700 | Cosworth | Ludwig Heimrath (R) | Mackenzie Financial | 1-10 |
| Dick Simon Racing | Lola T8700 | Cosworth | Jeff Wood (R) | Spirit of Wichita | 11-14 |
| Dick Simon Racing | Lola T8700 | Cosworth | Fulvio Ballabio (R) | Burago | 15 |