The 1986 The Winston, the second running of the NASCAR All-Star Race, was a stock car racing competition that took place on May 11, 1986. The only time The Winston was held at Atlanta International Raceway in Hampton, Georgia, the 83-lap race was the second exhibition race in the 1986 NASCAR Winston Cup Series.^[3] Bill Elliott of Melling Racing led the most laps (82) and won the caution-free race and US$200,000, along with US$40,000 for leading laps 20, 30, 50, and 60.

The event featured the Atlanta Invitational, a 100-lap race for drivers who did not meet the eligibility of The Winston. Benny Parsons of Jackson Brothers Motorsports won the race and US$75,000 and became eligible to run the 1987 The Winston. The Atlanta Invitational was held before The Winston, but due to a tape delay, ESPN aired the race after The Winston.

NASCAR's original plan for The Winston was to hold the race at a different track every year, but due to the dismal attendance of this race, The Winston was moved back to Charlotte Motor Speedway for the next 32 years before Bristol Motor Speedway hosted the 2020 NASCAR All-Star Race.

The Winston was open to race winners from the 1985 season. Because the field was one short of the minimum requirement of 10 cars, the final spot was awarded to the highest finishing driver in the 1985 points standings without a win. The pole position was awarded to the defending Winston Cup champion while the rest of the field was determined by the total number of wins from last season, with driver's points used as the tiebreaker.