The 1998 Austrian Grand Prix was a Formula One motor race held at the A1-Ring on 26 July 1998. It was the tenth round of the 1998 FIA Formula One World Championship. A wet-dry qualifying session resulted in a mixed-up grid order, with Giancarlo Fisichella taking the first pole position of his career.

The race was won by Mika Häkkinen for McLaren, with teammate David Coulthard recovering to finish second, having been involved in two collisions during the race, and Michael Schumacher finishing third for Ferrari.