The 1998 Marlboro 500 Presented by Toyota was the nineteenth and final round of the 1998 CART FedEx Championship Series season. The race was held 1 November 1998, and was the 2nd running of the Marlboro 500 at California Speedway. It was won by Jimmy Vasser who passed Greg Moore at a final lap restart of a long race, which took well over 3 hours and also had many retirements. This marks the final Champ Car race for the 3-Time Champion Bobby Rahal.