The 1998 Honda Indy 300 was the eighteenth and penultimate round of the 1998 CART World Series Season, held on 18 October 1998 on the Surfers Paradise Street Circuit, Surfers Paradise, Queensland, Australia.

Alex Zanardi won the race, his 15th and final CART victory, after taking the lead from polesitter Dario Franchitti at the first round of pitstops.