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| Date | Sunday 26 July 1998 |
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| Start time | 14:00 |
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| Event |  Austrian GP |
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| Circuit | Spielberg |
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| Event Format | Race of 71 laps |
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| Championship | World Championship |
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| Race number | #10 of 16 in 1998
#624 (of all time) |
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| Laps | 71 |
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| Circuit Perimeter | 4319 m |
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| Race Distance | 4319 × 71 = 306.649 km |
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| Grid Format | 2-2-2-2 (staggered) |
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| Pole Position | Left |
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| First Corner | Right |
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| Track Direction | Clockwise |
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| Weather | Sunny, Hot, Dry |
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| Entries | 22 |
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| Qualifiers | 22 |
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| Finishers | 12 |
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| Debutants | None |
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| Milestones | Mild Seven Benetton Playlife – 1st Pole Position (Entrant)
Playlife – 1st Pole Position (Engine Manufacturer)
 Damon Hill – 100th Race Entry (Driver)
 Giancarlo Fisichella – 1st Pole Position (Driver)
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| Records Broken |
None
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| Records Extended |
1. Most Podium Finishes – Ferrari (426),
2. Most Constructors' Championship Points Scores – Ferrari (535),
3. Most Drivers' Championship Points Scores – Ferrari (667),
4. Most 3rd Place Finishes – Ferrari (147),
5. Most 4th Place Finishes – Ferrari (118),
6. Most Race Entries – Ferrari (1414),
7. Most 4th Place Qualifications – Ferrari (149),
8. Most 8th Place Qualifications – Ferrari (87),
9. Most 19th Place Qualifications – Minardi (47),
10. Most 22nd Place Qualifications – Tyrrell (49)
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