Mika Hkkinen was the champion of the 1998 British Grand Prix held at the Silverstone Circuit, England with a lap time of 1:23.271; followed by Michael Schumacher from Germany with a lap time of 1:23.720.
The 60-lap race was won by Michael Schumacher driving a Ferrari car after starting from second position. Mika Hakkinen, who started from pole position, finished second with Eddie Irvine third in the other Ferrari. 
