Michael Schumacher won the British Grand Prix 1998 at Silverstone Circuit on 12 July 1998, starting from P2 on the grid. Mika Häkkinen finished second for McLaren, with Eddie Irvine completing the podium for Ferrari.
| Pos | Grid | Driver | Team | Laps | Time / Status | Pts | FL |
|---|---|---|---|---|---|---|---|
| 1 | 2 | Michael SchumacherMSC | Ferrari | 60 | 1:47:02.4 | 10 | |
| 2 | 1 | Mika HäkkinenHKK | McLaren | 60 | +22.465 | 6 | |
| 3 | 5 | Eddie IrvineIRV | Ferrari | 60 | +29.199 | 4 | |
| 4 | 11 | Alexander WurzWUR | Benetton | 59 | +1 Lap | 3 | |
| 5 | 10 | Giancarlo FisichellaFIS | Benetton | 59 | +1 Lap | 2 | |
| 6 | 21 | Ralf SchumacherSCH | Jordan | 59 | +1 Lap | 1 | |
| 7 | 3 | Jacques VilleneuveVIL | Williams | 59 | +1 Lap | 0 | |
| 8 | 19 | Shinji NakanoNAK | Minardi | 58 | +2 Laps | 0 | |
| 9 | 17 | Toranosuke TakagiTAK | Tyrrell | 56 | +4 Laps | 0 | |
| R | 8 | Jean AlesiALE | Sauber | 53 | Electrical | 0 | |
| R | 12 | Pedro DinizDIN | Arrows | 45 | Spun off | 0 | |
| R | 22 | Olivier PanisPAN | Prost | 40 | Spun off | 0 | |
| R | 16 | Rubens BarrichelloBAR | Stewart | 39 | Spun off | 0 | |
| R | 15 | Jos VerstappenVER | Stewart | 38 | Engine | 0 | |
| R | 4 | David CoulthardCOU | McLaren | 37 | Spun off | 0 | |
| R | 14 | Jarno TrulliTRU | Prost | 37 | Spun off | 0 | |
| R | 20 | Ricardo RossetROS | Tyrrell | 29 | Spun off | 0 | |
| R | 18 | Esteban TueroTUE | Minardi | 29 | Spun off | 0 | |
| R | 9 | Johnny HerbertHER | Sauber | 27 | Spun off | 0 | |
| R | 13 | Mika SaloSAL | Arrows | 27 | Throttle | 0 | |
| R | 6 | Heinz-Harald FrentzenFRE | Williams | 15 | Spun off | 0 | |
| R | 7 | Damon HillHIL | Jordan | 13 | Spun off | 0 |
| Pos | Driver | Team | Q1 | Q2 | Q3 |
|---|---|---|---|---|---|
| 1 | Mika Häkkinen | McLaren | 1:23.271 | - | - |
| 2 | Michael Schumacher | Ferrari | 1:23.720 | - | - |
| 3 | Jacques Villeneuve | Williams | 1:24.102 | - | - |
| 4 | David Coulthard | McLaren | 1:24.310 | - | - |
| 5 | Eddie Irvine | Ferrari | 1:24.436 | - | - |
| 6 | Heinz-Harald Frentzen | Williams | 1:24.442 | - | - |
| 7 | Damon Hill | Jordan | 1:24.542 | - | - |
| 8 | Jean Alesi | Sauber | 1:25.081 | - | - |
| 9 | Johnny Herbert | Sauber | 1:25.084 | - | - |
| 10 | Giancarlo Fisichella | Benetton | 1:25.654 | - | - |
| 11 | Alexander Wurz | Benetton | 1:25.760 | - | - |
| 12 | Pedro Diniz | Arrows | 1:26.376 | - | - |
| 13 | Mika Salo | Arrows | 1:26.487 | - | - |
| 14 | Jarno Trulli | Prost | 1:26.808 | - | - |
| 15 | Jos Verstappen | Stewart | 1:26.948 | - | - |
| 16 | Rubens Barrichello | Stewart | 1:26.990 | - | - |
| 17 | Toranosuke Takagi | Tyrrell | 1:27.061 | - | - |
| 18 | Esteban Tuero | Minardi | 1:28.051 | - | - |
| 19 | Shinji Nakano | Minardi | 1:28.123 | - | - |
| 20 | Ricardo Rosset | Tyrrell | 1:28.608 | - | - |
| 21 | Ralf Schumacher | Jordan | - | - | - |
| 22 | Olivier Panis | Prost | - | - | - |