The 1988 Budweiser 500 was a Winston Cup (now Nextel Cup) event held at Dover International Speedway on June 5, 1988. Bill Elliott dominated the event, leading 207 of the 500 laps in route to a 21-second blowout of Morgan Shepherd. Points leader Dale Earnhardt struggled to 16th and watched his points lead on Rusty Wallace (3rd) shrink to sixteen markers. Stats