Sunday, March 27, 1988 – Lake Speed snapped a 163-race winless streak in the NASCAR premier series when he captured the TranSouth 500 at Darlington (S.C.) Raceway. The 40-year-old from Jackson, Miss., led 178 of the race’s 367 laps, including the final 48.
• Speed raced for several different owners during his Cup career, but his victory came at a time he was competing as an owner/driver. His No. 83 Oldsmobile finished 19 seconds ahead of runner-up Alan Kulwicki.
• Prior to his victory, Speed’s best result had been a pair of runner-up finishes, in the 1985 Daytona 500 and ’88 Goodwrench 500 at Rockingham, N.C.
• Davey Allison, Bill Elliott and Sterling Marlin completed the top five. Only the top three cars finished on the lead lap.
• Speed made 238 more NASCAR starts after his victory but was never able to repeat the feat and return to victory lane. Considered by many one of the series’ most underrated drivers, Speed finished with 16 top-five and 75 top-10 finishes in 402 career premier series starts.