The 1980 Daytona Speedweeks was marred by the death of Ricky Knotts, who was killed in a crash during the heat races that determine the starting field, as a result of a broken seat mount. [4][5] The field of 40 cars was determined by the format consisting of the top two speeds in qualifying, top 14 non-qualified cars in each heat race, and the top ten cars on qualifying speed among cars that did not finish in the top 15 in their heat. The top two owners of 1979 among non-qualified cars (provisional starters) that made an attempt filled the field to 42.
Buddy Baker scored a dominant victory, leading 150 of 200 laps. Bonnett was on the lead lap in the final lap when his engine failed.[1] By rule, he finished ahead of Earnhardt, who was one lap down and since Bonnett started his 200th lap, could not be caught for third.[1] The fast pace of the race contributed to many engine failures.[1] Earnhardt started his 20 years of Daytona 500 misfortune when, while running a close 2nd behind Baker, his team left one lugnut off a wheel on the final pit stop which forced Earnhardt to pit again, dropping a lap off the pace.[1]
Dave Marcis drove this race with a broken rib after a crash at the end of the Sportsman 300 the day before this race; ultimately finishing in 22nd place.[1]