The 1986 James Hardie 1000 was an endurance motor race held on 5 October 1986 at the Mount Panorama Circuit, just outside Bathurst in New South Wales, Australia. The race, which was the 27th running of the Bathurst 1000 touring car race, was the fourth round of both the 1986 Australian Endurance Championship and the 1986 Australian Manufacturers' Championship.
Allan Grice (in his 15th Great Race start) and his 1986 co-driver and team sponsor through his Chickadee Chicken business Graeme Bailey, took their Roadways Racing built Holden VK Commodore SS Group A to victory over the similar Holden Dealer Team Commodore John Harvey and Neal Lowe. Third was the factory backed Nissan Skyline of pole winner Gary Scott and Terry Shiel.
Dick Johnson and Gregg Hansford finished fourth in their Ford Mustang, while the "Super" team of former rivals Peter Brock and Allan Moffat, who had won 12 of the previous 16 races at Bathurst, finished in fifth place one lap down in their repaired HDT Commodore after losing almost 3 laps in the pits with an oil cooler problem while in a strong second place.
Belgian jeweller Michel Delcourt, who finished 7th with veteran Graham Moore in a Commodore, won the Rookie of the Year award. Moore and Delcourt had qualified a Mitsubishi Starion in 50th place for the 1985 race, but the car was withdrawn and did not start.