A combined experimental and theoretical approach is used to study the thermal autoxidation of α‐pinene. Four different types of peroxyl radicals are generated; the verbenyl peroxyl radical being the most abundant one. The peroxyl radicals propagate a long radical chain, implying that chain termination does not play an important role in the production of the products. Two distinct types of propagation steps are active in parallel: the abstraction of allylic H atoms and the addition to the unsaturated CC bond. The efficiency for both pathways appears to depend on the structure of the peroxyl radical. The latter step yields the corresponding epoxide product, as well as alkoxyl radicals. Under the investigated reaction conditions the alkoxyl radicals seem to produce both the alcohol and ketone products, the ketone presumably being formed upon the abstraction of the weakly bonded αH atom by O2. This mechanism explains the predominantly primary nature of all quantified products. At higher conversion, co‐oxidation of the hydroperoxide products constitutes an additional, albeit small, source of alcohol and ketone products.