The Winston Select was open to winning drivers and team owners from last season through the Save Mart Supermarkets 300 at Sears Point Raceway and all previous All-Star race winners and past NASCAR Winston Cup champions who had attempted to qualify for every race in 1995. The top five finishers of The Winston Select Open advanced to complete the starting grid of 20 cars.
The earnings for The Winston Select were as follows:
Bobby Labonte won the pole for the all-star event to collect the US$50,000 bonus. Todd Bodine, Ken Schrader, Robert Pressley, Mike Wallace, and Lake Speed transferred from The Winston Select Open to make the field. Mark Martin and Jeff Gordon served as the onboard camera cars throughout the race. Sterling Marlin had to start at the back of the field after he crashed his primary car during qualifying. Elton Sawyer and Jimmy Spencer also started at the back after missing the drivers' meeting. At the drop of the green flag, Rusty Wallace overtook Bobby Labonte for the first lap before Dale Earnhardt, sporting a silver reverse paint scheme of his iconic GM Goodwrench car, took the lead from laps 2 to 5. Gordon charged forward to take the lead from Earnhardt on lap 6 and kept it until lap 30 to win a caution-free Segment 1 and the US$50,000 bonus while Ricky Rudd and Martin completed the top-three.
During the 10-minute break between segments, the fan balloting on whether or not to invert the field for the second 30-lap segment was unveiled. The fans had spoken and the result flashed on the Winston Cup scoreboard — INVERT!
Pressley, who finished last in Segment 1, led the field for a total of 16 laps. The first caution occurred on lap 33 when Spencer and Schrader collided with each other, sending Schrader to the turn 2 wall while Earnhardt spun and made contact with Terry Labonte on the inside line. The race restarted on lap 37, but on lap 40, Earnhardt tapped Jarrett from behind, triggering a multi-car accident involving Jarrett, Martin, Todd Bodine, and Spencer in turn 3 and signaling another caution. The race resumed on lap 44. Gordon powered his way back to the front on lap 47 and crossed the finish line in Segment 2 and collect another US$50,000 bonus while Darrell Waltrip and Earnhardt completed the top-three.
During the final 10-lap shootout, Waltrip jumped the restart, forcing another yellow to redo the restart. When the green flag dropped again, Earnhardt took the lead from the inside line, but he got loose and collided with Waltrip on turn 4, with both Bobby Labonte and Speed losing control on the infield grass and slamming the outside wall. Caution flags do not count in the final segment, setting up a ten-lap dash. When the green flag dropped for the final time, Gordon maintained the lead and took the checkered flag to win the US$200,000 bonus while Marlin finished second and Rudd third.