Mika Häkkinen won the European Grand Prix 1997 at Circuito de Jerez on 26 October 1997, starting from P5 on the grid. David Coulthard finished second for McLaren, with Jacques Villeneuve completing the podium for Williams.
| Pos | Grid | Driver | Team | Laps | Time / Status | Pts | FL |
|---|---|---|---|---|---|---|---|
| 1 | 5 | Mika HäkkinenHKK | McLaren | 69 | 1:38:57.771 | 10 | |
| 2 | 6 | David CoulthardCOU | McLaren | 69 | +1.654 | 6 | |
| 3 | 1 | Jacques VilleneuveVIL | Williams | 69 | +1.803 | 4 | |
| 4 | 8 | Gerhard BergerBER | Benetton | 69 | +1.919 | 3 | |
| 5 | 7 | Eddie IrvineIRV | Ferrari | 69 | +3.789 | 2 | |
| 6 | 3 | Heinz-Harald FrentzenFRE | Williams | 69 | +4.537 | 1 | |
| 7 | 9 | Olivier PanisPAN | Prost | 69 | +1:07.145 | 0 | |
| 8 | 14 | Johnny HerbertHER | Sauber | 69 | +1:12.961 | 0 | |
| 9 | 11 | Jan MagnussenMAG | Stewart | 69 | +1:17.487 | 0 | |
| 10 | 15 | Shinji NakanoNAK | Prost | 69 | +1:18.215 | 0 | |
| 11 | 17 | Giancarlo FisichellaFIS | Jordan | 68 | +1 Lap | 0 | |
| 12 | 21 | Mika SaloSAL | Tyrrell | 68 | +1 Lap | 0 | |
| 13 | 10 | Jean AlesiALE | Benetton | 68 | +1 Lap | 0 | |
| 14 | 18 | Norberto FontanaFON | Sauber | 68 | +1 Lap | 0 | |
| 15 | 20 | Tarso MarquesMAR | Minardi | 68 | +1 Lap | 0 | |
| 16 | 22 | Jos VerstappenVER | Tyrrell | 68 | +1 Lap | 0 | |
| 17 | 19 | Ukyo KatayamaKAT | Minardi | 68 | +1 Lap | 0 | |
| R | 2 | Michael SchumacherMSC | Ferrari | 47 | Collision | 0 | |
| R | 4 | Damon HillHIL | Arrows | 47 | Gearbox | 0 | |
| R | 16 | Ralf SchumacherSCH | Jordan | 44 | Water leak | 0 | |
| R | 12 | Rubens BarrichelloBAR | Stewart | 30 | Gearbox | 0 | |
| R | 13 | Pedro DinizDIN | Arrows | 11 | Spun off | 0 |