Results from the 1998 Buenos Aires Grand Prix held at Buenos Aires on November 8, 1998, in the Autódromo Oscar Alfredo Gálvez.

Classification Pos Driver Constructor Laps Time/Retired 1 Martín Basso Dallara F394-Mitsubishi 30 35:44.55 2 Gabriel Furlán Dallara F394-Mitsubishi 30 35:45.37 3 Eduardo Pamplona Dallara F394-Opel 30 35:45.87 4 Jaime Melo Dallara F394-Mugen 30 35:46.81 5 Tom Stefani Dallara F394-Mugen 30 35:59.17 6 Leonardo Nienkotter Dallara F394-Opel 30 36:02.86 7 Rodrigo Sperafico Dallara F394-Mugen 30 36:03.29 8 Ricardo Sperafico Dallara F394-Mugen 30 36:08.57 9 Luiz Fernando Uva Dallara F394-Mugen 30 36:26.15 10 Daniel Belli Dallara F394-Opel 30 36:30.62 11 Gabriel Werner Dallara F394-Fiat 30 36:54.65" 12 Rodrigo Yungh Dallara F394-Toyota 29 13 Urubatan Rama y Helou Jr Dallara F394-Opel 29 14 Alexandre Sperafico Dallara F394-Mugen 29 15 Fernando Rama Dallara F394-Fiat 29 16 João Barreto Dallara F390-Mugen 29 17 Leandro Guimard Dallara F394-Mugen 28 18 Raul Bruschi Dallara F394-Mugen 28 19 Eddy Mion Dallara F394-Mugen 28 DNF Rodrigo Bernardes Dallara F394-Mugen 1