1987 IndyCar season Teams and drivers Teams and drivers

| Team | Chassis | Engine | Drivers | Sponsors | Rounds |
|---|---|---|---|---|---|
| Machinists Union Racing | March 86C | Cosworth | Tom Sneva | Carteret Savings / Machinists Union | 15 |
| Machinists Union Racing | March 87C | Cosworth | Josele Garza | Schaefer/ Machinists Union | All |
| Machinists Union Racing | March 86C | Cosworth | Mike Nish | Schaefer/ Machinists Union | 1-2 |
| Machinists Union Racing | March 86C/ March 87C | Cosworth | Rick Miaskiewicz | Schaefer/ Machinists Union | 5, 7-8, 12 |
| Newman Teamworks | Lola T8600 | Cosworth | Didier Theys (R) | Pepsi / GFE | 1, 11 |
| Newman Teamworks | Lola T8600 | Cosworth | Davy Jones (R) | Pepsi / GFE | 12 |
| Newman/Haas Racing | Lola T8700 | Chevy A | Mario Andretti | Hanna Car Wash | All |
| NFW Racing | March 86C | Cosworth | Graham McRae | NFW | 11-12 |
| Pace Racing | March 87C | Buick | Derek Daly | Schied/ Superior/ MetroLink | 3 |