The August 23, 1987 edition of Wrestling Challenge is a Professional wrestling television show of the World Wrestling Federation. It was taped on August 5, 1987 at the LaCrosse Center in LaCrosse, Wisconsin.
- Numbers in parentheses indicate the length of the match.
- (c) refers to the champion(s) heading into the match.
- Singles Match: Chris Curtis defeated Mr. Washington (1:05)
- Singles Match: The Junkyard Dog defeated Rick Renslow (2:25)
- Tag Team Match: The Dream Team (Dino Bravo & Greg Valentine) defeated Jim Evans & Sivi Afi (3:37)
- Singles Match: Randy Savage (w/ Miss Elizabeth) defeated Scott Casey (2:21)
- Singles Match: Brutus Beefcake defeated Tom Stone (1:16)
- Tag Team Match: Demolition (Ax & Smash) (w/ Mr. Fuji) defeated Omar Atlas & Pete Sanchez (1:21)