Qualifying

Two laps qualifying. The worst lap from any of the drivers were not published, and therefore are unknown.

Pos	No.	Name	Lap	Best (in mph)
1	11	Billy Boat	23.490	162.146
2	35	Jeff Ward	23.644	161.089
3	91	Buddy Lazier	23.874	159.538
4	8	Scott Sharp W	23.926	159.191
5	4	Scott Goodyear	23.953	159.011
6	1	Tony Stewart	23.970	158.899
7	5	Arie Luyendyk	23.997	158.720
8	14	Kenny Bräck	24.116	157.937
9	30	Raul Boesel	24.140	157.780
10	10	John Paul Jr.	24.165	157.616
11	51	Eddie Cheever	24.185	157.486
12	3	Robbie Buhl W	24.255	157.032
13	28	Mark Dismore	24.332	156.535
14	16	Marco Greco	24.429	155.913
15	98	Donnie Beechler R	24.715	154.109
16	77	Stéphan Grégoire	24.862	153.198
17	15	Eliseo Salazar	24.968	152.547
18	52	Robby Unser R	25.343	150.290
19	40	Jack Miller	25.528	149.201
20	18	Jack Hewitt R	25.605	148.752
21	44	J. J. Yeley R	25.666	148.399
22	6	Davey Hamilton	25.722	148.076
23	12	Buzz Calkins	25.860	147.285
24	99	Sam Schmidt	26.410	144.218
25	81	Brian Tyler R	26.711	142.593
26	19	Stan Wattles1	Didn't qualify	No speed

Race

A NASCAR Modified race preceding the IRL race left a very slippery type of marbles in the surface. After Jeff Ward had jumped polesitter Billy Boat on the start, Kenny Bräck spun in turn 3 on the first lap and collected John Paul Jr. Bräck was able to continue after repairs, but Paul was out. Immediately after that incident, Jack Hewitt lost the back end exiting turn 4 and backed into the front stretch wall. Scott Sharp jumped Ward on the restart until he chose to pit under caution (caused by J. J. Yeley's crash) on lap 27, handing the lead back to Ward.

This series of closely spaced yellows continued when Boat, who had been falling back, spun into the infield in turn 2. After the green on lap 32, Ward continued to lead until he was black flagged with fire coming out from under the car on lap 55. Scott Goodyear inherited the lead and looked very strong, pursued by Buddy Lazier and Davey Hamilton, who had set the fast lap of the race, but his chances were hurt when he was penalised for speeding in the pits during a caution on lap 77. Pit stops jumbled the running order and left Tony Stewart, Sharp, Arie Luyendyk and Eliseo Salazar pursuing Goodyear.

On lap 92, Stewart caught and passed Goodyear, just before a big crash in turn 2 on lap 95. Yeley, just returned to the track after extensive repairs, spun and contacted Donnie Beechler, who had been moving up through the field. Boat spun to avoid the wreck, but his car spun unexpectedly towards the inside, and he was hit by Raul Boesel. All four were out and Boat suffered a broken thigh, an injury that would force him to miss some races and end his championship hopes.

There were no further cautions in the second half of the race, which was dominated by Stewart. His biggest threats suffered misfortune: Sharp's engine stalled during a pit stop on lap 147, while Goodyear suffered a gearbox failure and was forced to run in fourth gear. Despite concern about the engine blowing (it could be heard hitting the rev limiter quite notably on the onboards), it held through the end of the race, and even the Canadian was able to reel in Stewart in traffic, but could not follow him in clear runs. Stewart led the final 36 laps to win over Goodyear, Sharp, Hamilton, and Luyendyk. Salazar's sixth-place finish was the best to date for the Riley & Scott chassis. Poor attendance at the event for the fifth year in a row led to the contract not being renewed for 1999.

Pos	No.	Driver	Team	Laps	Time/Retired	Grid	Laps Led	Points
1	1	Tony Stewart	Team Menard	200	1:51:30.262	6	93	52
2	4	Scott Goodyear	Panther Racing	200	+ 1.788 sec	5	44	40
3	8	Scott Sharp W	Kelley Racing	200	Running	4	9	35
4	6	Davey Hamilton	Nienhouse Motorsports	200	Running	22	3	32
5	5	Arie Luyendyk	Treadway Racing	199	+ 1 lap	7	0	30
6	15	Eliseo Salazar	Riley & Scott Cars	199	+ 1 lap	17	0	28
7	91	Buddy Lazier	Hemelgarn Racing	199	+ 1 lap	3	0	27
8	28	Mark Dismore	Kelley Racing	199	+ 1 lap	13	0	24
9	51	Eddie Cheever	Team Cheever	198	+ 2 laps	11	0	22
10	3	Robbie Buhl W	Team Menard	198	+ 2 laps	12	5	20
11	52	Robby Unser R	Team Cheever	198	+ 2 laps	18	0	19
12	99	Sam Schmidt	LP Racing	196	+ 4 laps	24	0	18
13	16	Marco Greco	Phoenix Racing	191	+ 9 laps	14	0	17
14	81	Brian Tyler R	Team Pelfrey	190	+ 10 laps	25	0	16
15	12	Buzz Calkins	Bradley Motorsports	183	+ 17 laps	23	0	15
16	40	Jack Miller	Sinden Racing	168	+ 32 laps	19	0	14
17	19	Stan Wattles	Metro Racing Systems	127	Handling	26	0	13
18	14	Kenny Bräck	A. J. Foyt Enterprises	98	Handling	8	0	12
19	30	Raul Boesel	McCormack Motorsports	94	Accident	9	0	11
20	98	Donnie Beechler R	Cahill Auto Racing	93	Accident	15	0	10
21	11	Billy Boat	A. J. Foyt Enterprises	91	Accident	1	0	12
22	35	Jeff Ward	ISM Racing	56	Engine	2	46	10
23	44	J. J. Yeley R	Sinden Racing	38	Accident	21	0	7
24	77	Stéphan Grégoire	Chastain Motorsports	22	Engine	16	0	6
25	18	Jack Hewitt R	PDM Racing	11	Accident	20	0	5
26	10	John Paul Jr.	Byrd-Cunningham Racing	2	Accident	10	0	4