| Date: | March 13 – March 20 (men) March 6 – March 12 (women) |
| Edition: | 16th (men) / 1st (women) |
| Prize Money: | $510,000 |
| Surface: | Hard / outdoor |
| Champms: | Miloslav Mečíř[1] |
| Champws: | Manuela Maleeva |
| Champmd: | Boris Becker / Jakob Hlasek[2] |
| Champwd: |  Hana Mandlíková /  Pam Shriver |
| Before Year 2: | no |
The 1989 Newsweek Champions Cup and the 1989 Virginia Slims of Indian Wells were tennis tournaments played on outdoor hard courts. It was the 16th edition of the Indian Wells Masters and was part of the 1989 Nabisco Grand Prix and of the Category 4 tier of the 1989 WTA Tour. Both the men's and women's events took place at the Grand Champions Resort in Indian Wells, California, in the United States. The men's tournament was played from March 13 through March 20, 1989, while the women's tournament was played from March 6 through March 12, 1989.
See main article: article and 1989 Newsweek Champions Cup – Singles. Miloslav Mečíř defeated 
Yannick Noah 3–6, 2–6, 6–1, 6–2, 6–3
See main article: article and 1989 Virginia Slims of Indian Wells – Singles. Manuela Maleeva defeated Jenny Byrne 6–4, 6–1
See main article: article and 1989 Newsweek Champions Cup – Doubles. Boris Becker / Jakob Hlasek defeated Kevin Curren / David Pate 7–6, 7–5
See main article: article and 1989 Virginia Slims of Indian Wells – Doubles. Hana Mandlíková / Pam Shriver defeated Rosalyn Fairbank / Gretchen Magers 6–3, 6–7(4–7), 6–3