On Race day, Junior Johnson grabbed the lead on the first lap from his second starting spot and led the first 27 laps. at that car 14 cars were out all because of mechanical problems. Johnson was racing in his usual go-for-broke style when a tire blew. Johnson's car hurled into the outside wall and spread debris over a wide area. Johnson suffered only a cut over his eye. After Johnson's abrupt departure, 1961 winner
Marvin Panch led through lap 68 in the
Wood Brothers Ford, with Lorenzen and
Bobby Johns on his tail. Lorenzen led laps 69 through 78 before giving way to Panch. At halfway, Panch was still in control, but
clouds were darkening over the track. On lap 119, Lorenzen edged past Panch and took the lead for only the second time.
Rain was falling by Lap 129. As the yellow light came on, Panch made a run on Lorenzen coming off turn two. Panch went to the outside, Lorenzen moved up, the cars touched and Panch spun down the backstretch, ending his chances for a second 500 victory. Lorenzen remained in the lead, but the fender that had hit Panch's car was bent in on his tire. "Stay out", ordered the crew chief, who was counting on the weather to shorten the race. Soon, it was pouring. The race was stopped after 133 laps and declared official. The "Golden Boy" had won NASCAR's biggest race. == Results ==