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| Date | Sunday 12 July 1998 |
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| Start time | 14:00 |
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| Event |  British GP |
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| Circuit | Silverstone |
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| Event Format | Race of 60 laps |
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| Championship | World Championship |
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| Race number | #9 of 16 in 1998
#623 (of all time) |
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| Laps | 60 |
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| Circuit Perimeter | 5140 m |
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| Race Distance | 5140 × 60 = 308.400 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 | Overcast, Cold, Rain |
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| Entries | 22 |
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| Qualifiers | 22 |
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| Finishers | 9 |
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| Debutants | None |
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| Milestones | Car 11 – 500th Race Entry (Car Number)
Car 9 – 500th Race Entry (Car Number)
 Jos Verstappen – 50th Race Entry (Driver)
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| Records Broken |
None
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| Records Extended |
1. Most Drivers' Championship Points Scores –  Ferrari (665),
2. Most Podium Finishes – Ferrari (425),
3. Most Constructors' Championship Points Scores – Ferrari (533),
4. Most Race Wins – Ferrari (118),
5. Most 3rd Place Finishes – Ferrari (146),
6. Most Fastest Laps – Ferrari (132),
7. Most Races Led – Ferrari (294),
8. Most Laps Led – Ferrari (7711),
9. Most Race Entries – Ferrari (1412),
10. Most 2nd Place Qualifications – Ferrari (131),
11. Most 5th Place Qualifications – Ferrari (145),
12. Most 19th Place Qualifications – Minardi (46)
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