Race results
Race startMarch 8, 1998 at 11:00Australian Eastern Daylight Time
| POS. | NO. | Driver | Team | TIME | Laps | Fastest Lap | PIT | Grid | PTS |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 8 | Mika Häkkinen | McLaren | 1:31:46 | 58 | 1:31.649 | - | 1 | 10 |
| 2 | 7 | David Coulthard | McLaren | +0.702 | 58 | 1:32.356 | - | 2 | 6 |
| 3 | 2 | Heinz-Harald Frentzen | Williams | +1 Lap | 57 | 1:33.554 | - | 6 | 4 |
| 4 | 4 | Eddie Irvine | Ferrari | +1 Lap | 57 | 1:33.790 | - | 8 | 3 |
| 5 | 1 | Jacques Villeneuve | Williams | +1 Lap | 57 | 1:35.661 | - | 4 | 2 |
| 6 | 15 | Johnny Herbert | Sauber | +1 Lap | 57 | 1:35.624 | - | 5 | 1 |
| 7 | 6 | Alexander Wurz | Benetton | +1 Lap | 57 | 1:34.738 | - | 11 | 0 |
| 8 | 9 | Damon Hill | Jordan | +1 Lap | 57 | 1:34.196 | - | 10 | 0 |
| 9 | 11 | Olivier Panis | Prost | +1 Lap | 57 | 1:34.319 | - | 21 | 0 |
| - | 5 | Giancarlo Fisichella | Benetton | DNF (Broken wing) | 43 | 1:34.319 | - | 7 | 0 |
| - | 14 | Jean Alesi | Sauber | DNF (Engine) | 41 | 1:34.878 | - | 12 | 0 |
| - | 12 | Jarno Trulli | Prost | DNF (Gearbox) | 26 | 1:34.885 | - | 15 | 0 |
| - | 20 | Ricardo Rosset | Tyrrell | DNF (Gearbox) | 25 | 1:38.116 | - | 19 | 0 |
| - | 17 | Mika Salo | Arrows | DNF (Gearbox) | 23 | 1:36.032 | - | 16 | 0 |
| - | 23 | Esteban Tuero | Minardi | DNF (Engine) | 22 | 1:36.475 | - | 17 | 0 |
| - | 22 | Shinji Nakano | Minardi | DNF (Halfshaft) | 8 | 1:39.676 | - | 22 | 0 |
| - | 3 | Michael Schumacher | Ferrari | DNF (Engine) | 5 | 1:35.774 | - | 3 | 0 |
| - | 16 | Pedro Diniz | Arrows | DNF (Gearbox) | 2 | 1:39.916 | - | 20 | 0 |
| - | 10 | Ralf Schumacher | Jordan | DNF (Collision) | 1 | 1:50.966 | - | 9 | 0 |
| - | 19 | Jan Magnussen | Stewart | DNF (Collision) | 1 | 1:52.353 | - | 18 | 0 |
| - | 21 | Toranosuke Takagi | Tyrrell | DNF (Spun off) | 1 | 1:53.124 | - | 13 | 0 |
| - | 18 | Rubens Barrichello | Stewart | DNF (Gearbox) | 0 | - | - | 14 | 0 |