The 1998 AMP Bathurst 1000 was the 40th running of the Bathurst 1000 touring car race. It was held on 4 October 1998 at the Mount Panorama Circuit just outside Bathurst. It was the second year of the controversial split between race organisers, the Australian Racing Drivers Club, and V8 Supercar, which had led to Australia's leading touring car series leaving the Bathurst 1000. The V8 Supercar teams raced the 1998 FAI 1000 race, held six weeks later. The race distance was 161 laps, approximately 1000 km.