1998 INDIANAPOLIS 500

The 82nd Indianapolis 500 was held at the Indianapolis Motor Speedway in Speedway, Indiana on Sunday, May 24, 1998. This was the first Indianapolis 500 fully sanctioned by the Indy Racing League after the IRL relied on USAC to sanction the 1996–1997 races. The race was part of the 1998 Pep Boys Indy Racing League season.
Eddie Cheever, Jr., a former Formula One competitor and Indy rookie in 1990, highlighted his racing career with this lone Indianapolis win. The 1998 race ushered in a compacted, two-week schedule for the Indy 500, omitting an entire week of practice, and trimming qualifying from four days down to two.
During time trials, Billy Boat secured the first pole position at Indy for the Foyt team since 1975. Taken from https://en.wikipedia.org/wiki/1998_Indianapolis_500

Starting Lineup:

Row	Inside	Middle	Outside
1	Billy Boat	Greg Ray	Kenny Brack
2	Tony Stewart	Robbie Buhl	Sam Schmidt
3	Scott Sharp	Davey Hamilton	Roberto Guerrero
4	Scott Goodyear	Buddy Lazier (W)	Mark Dismore
5	J. J. Yeley (R)	Marco Greco	Dr. Jack Miller
6	John Paul, Jr.	Eddie Cheever	Buzz Calkins
7	Andy Michner (R)	Jim Guthrie	Robby Unser (R)
8	Jack Hewitt (R)	Steve Knapp (R)	Donnie Beechler (R)
9	Johnny Unser	Jimmy Kite (R)	Jeff Ward
10	Arie Luyendyk (W)	Stan Wattles (R)	Raul Boesel
11	Stéphan Grégoire	Mike Groff	Billy Roe

Other Drivers on Entry List: 

Brian Tyler

Claude Bourbonnais

Dan Drinan

Danny Ongais

Eliseo Salazar

Hideshi Matsuda

Jaques Lazier

Joe Gosek

Lyn St. James

Paul Durant

Scott Harrington

Tyce Carlson

Lap-By-Lap Summery:

Caution #1 Car #44 J.J. Yeley Spun in Turn 1; Billy Boat Leads lap 1

Lap 3: Green Flag 

Lap 13: Greg Ray Took the lead

Lap 21: Tony Stewart Took the lead

Lap 22: Caution #2 Car #1 Tony Stewart Tow-In from the lead: Greg Ray Took the lead

Lap 26: Green Flag 

Lap 32: Kenny Brack Took the lead

Lap 34: Caution #3 Car #98 Donnie Beechler Blew an Engine

Lap 38: Green Flag 

Lap 45: Caution #4 Car #3 Robbie Buhl Tow-In

Lap 48: Green Flag 

Lap 49: Caution #5 Car #19 Stan Wattles, Car #21 Roberto Guerrero, Car #28 Mark Dismore, Car #33 Billy Roe, Car #53 Jim Guthrie, and Car #99 Sam Schmidt HUGE CRASH in Turn 3

Lap 51: Buddy Lazier Took the lead

Lap 62: Kenny Brack

Lap 63: Green Flag 

Lap 68: Eddie Cheever Took the lead

Lap 85: Arie Luyendyk Took the lead

Lap 86: Kenny Brack Took the lead

Lap 88: Buddy Lazier Took the lead

Lap 94: Eddie Cheever Took the lead

Lap 96: Caution #6 Car #7 Jimmy Kite Tow-In

Lap 98: John Paul Took the lead

Lap 99: Green Flag 

Lap 114: Davey Hamilton Took the lead

Lap 117: Eddie Cheever Took the lead

Lap 122: Caution #7 Car #40 Jack Miller Tow-In

Lap 123: Buddy Lazier Took the lead

Lap 124: John Paul Took the lead

Lap 127: Green Flag 

Lap 132: Caution #8 Car #11 Billy Boat Tow-In

Lap 135: Green Flag 

Lap 147: Arie Luyendyk Took the lead

Lap 150: Eddie Cheever Took the lead

Lap 153: Caution #9 Car #5 Arie Luyendyk Tow-In

Lap 154: Buddy Lazier Took the lead

Lap 155: Eddie Cheever Took the lead

Lap 156: Green Flag 

Lap 176: Caution #10 Car #77 Stephan Gregoire Brushed the wall in Turn 4

Lap 177: Buddy Lazier Took the lead

Lap 178: Eddie Cheever Took the lead

Lap 179: Green Flag 

Lap 180: Caution #11 Car #18 Jack Hewitt Spun in Turn 1

Lap 182: Green Flag  

Lap 191: Caution #12 Car #16 Marco Greco Blew an Engine

Lap 194: Green Flag 

Lap 200: Checkered Flag: Eddie Cheever Wins his only Indy 500.   

Race Results: 

Finish	Driver	Laps	Status	Prize Money
1	Eddie Cheever Jr.	200	145.155	$1,433,000
2	Buddy Lazier	200	145.118	$483,200
3	Steve Knapp	200	145.076	$338,750
4	Davey Hamilton	199	Running	$301,650
5	Robby Unser	198	Running	$209,400
6	Kenny Brack	198	Running	$310,750
7	John Paul Jr.	197	Running	$216,350
8	Andy Michner	197	Running	$182,050
9	J.J. Yeley	197	Running	$198,550
10	Buzz Calkins	195	Running	$248,500
11	Jimmy Kite	195	Running	$287,300
12	Jack Hewitt	195	Running	$265,800
13	Jeff Ward	194	Running	$242,050
14	Marco Greco	183	Engine	$167,800
15	Mike Groff	183	Running	$237,600
16	Scott Sharp	181	Gearbox	$234,800
17	Stephan Gregoire	172	Running	$225,300
18	Greg Ray	167	Gearbox	$175,400
19	Raul Boesel	164	Running	$221,300
20	Arie Luyendyk	151	Gearbox	$242,100
21	Jack Miller	128	Running	$159,800
22	Roberto Guerrero	125	Running	$165,300
23	Billy Boat	111	Drive line	$364,200
24	Scott Goodyear	100	Clutch	$253,300
25	Johnny Unser	98	Engine	$136,300
26	Sam Schmidt	48	Accident	$215,300
27	Mark Dismore	48	Accident	$209,300
28	Stan Wattles	48	Accident	$138,550
29	Jim Guthrie	48	Accident	$133,300
30	Billy Roe	48	Accident	$137,300
31	Robbie Buhl	44	Engine	$222,300
32	Donnie Beechler	34	Engine	$132,300
33	Tony Stewart	22	Engine	$220,250