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The 1986 American Racing Series Championship consisted of 10 races and was the inaugural season for the series. Fabrizio Barbazza won five races on his way to the championship.
This was a "spec series", and all cars were March 86A Wildcat, powered by Buick V6 engines.
| Race No | Track | State | Date | Laps | Distance | Time | Speed | Winner | Pole Position | Most Leading Laps | Fastest Race Lap |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Phoenix | Arizona | April 6, 1986 | 76 | 1.6093=122.3068 km | 0'37:58.23 | 193.266 km/h | Steve Millen | Kim Campbell | Kim Campbell | ? |
| 2 | Milwaukee | Wisconsin | June 8, 1986 | 75 | 1.6607976=124.55982 km | 0'38:56.19 | 191.943 km/h | Mike Groff | Jeff Andretti | Mike Groff | ? |
| 3 | Meadowlands | New Jersey | June 29, 1986 | 44 | 2.7229356=119.809166 km | 0'51:44.117 | 136.515 km/h | Fabrizio Barbazza | Fabrizio Barbazza | Fabrizio Barbazza | ? |
| 4 | Toronto |  Canada | July 20, 1986 | 42 | 2.8709912=120.58163 km | 0'47:54.656 | 151.007 km/h | Fabrizio Barbazza | Fabrizio Barbazza | Fabrizio Barbazza | ? |
| 5 | Pocono | Pennsylvania | August 16, 1986 | 40 | 4.02325=160.93 km | 0'40:52.11 | 236.265 km/h | Jeff Andretti | Jeff Andretti | Mike Groff | ? |
| 6 | Lexington | Ohio | August 31, 1986 | 31 | 3.86232=119.73192 km | 0'44:41.550 | 160.741 km/h | Steve Millen | Steve Millen | Steve Millen | ? |
| 7 | Elkhart Lake | Wisconsin | September 20, 1986 | 19 | 6.4372=122.3068 km | 0'41:23.38 | 177.300 km/h | Mike Groff | Juan Manuel Fangio II | Mike Groff | ? |
| 8 | Monterey | California | October 12, 1986 | 40 | 3.05767=120.3068 km | 0'41:17.328 | 174.827 km/h | Fabrizio Barbazza | Tommy Byrne | Steve Millen | ? |
| 9 | Phoenix | Arizona | October 19, 1986 | 75 | 1.6093=120.6975 km | 0'37:11.24 | 194.740 km/h | Fabrizio Barbazza | Jeff Andretti | Fabrizio Barbazza | ? |
| 10 | Miami | Florida | November 9, 1986 | 22 | 2.8709912=63.1618064 km | 0'25:54.98 | 146.229 km/h | Fabrizio Barbazza | Fabrizio Barbazza | Juan Manuel Fangio II | ? |
Held April 6 at Phoenix International Raceway. Kim Campbell won the pole. This was the first race for the series.
Top Five Results
Held June 8 at The Milwaukee Mile. Jeff Andretti won the pole.
Top Five Results
Held June 29 at the Meadowlands Sports Complex. Fabrizio Barbazza won the pole.
Top Five Results
Held July 20 at Exhibition Place. Fabrizio Barbazza won the pole.
Top Five Results
Held August 16 at Pocono Raceway. Jeff Andretti won the pole.
Top Five Results
Held August 31 at The Mid-Ohio Sports Car Course. Steve Millen won the pole.
Top Five Results
Held September 20 at Road America. Juan Manuel Fangio II won the pole.
Top Five Results
Held October 12 at Mazda Raceway Laguna Seca. Tommy Byrne won the pole.
Top Five Results
Held October 19 at Phoenix International Raceway. Jeff Andretti won the pole.
Top Five Results
Held November 9 at Tamiami Park. Fabrizio Barbazza won the pole.
Top Five Results
For every race the points were awarded: 20 points to the winner, 16 for runner-up, 14 for third place, 12 for fourth place, 10 for fifth place, 8 for sixth place, 6 seventh place, winding down to 1 points for 12th place. Additional points were awarded to the pole winner (1 point) and to the driver leading the most laps (1 point).
Note:
Race 4 and 7 not all points were awarded (not enough competitors).
| first column of every race | 10 | = grid position |
| second column of every race | 10 | = race result |
R10=retired, but classified
