The 1988 Pepsi 200 was a Busch Series event that took place at Hickory on July 23, 1988. Tommy Houston won his third event of the year, while Tommy Ellis continued to build his point lead after a poor showing by Mike Alexander.

Preceded by:
1988 Coors 200
1988 Busch Series race Succeeded by:
1988 Busch 200

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