The 1995 Spanish Grand Prix was a Formula One motor race held on 14 May 1995 at the Circuit de Catalunya, Montmeló. It was the fourth race of the 1995 Formula One season.

Both Damon Hill and Rubens Barrichello experienced gearbox problems on the final lap, Hill dropping from 2nd to 4th, and Barrichello from 6th to 7th. This race marked the second and last one-two of Benetton, with Michael Schumacher and Johnny Herbert, and the last Grand Prix start of 1992 World Champion Nigel Mansell who would leave the McLaren team after experiencing two difficult races when driving for the team.