This was run on Saturday 6th June 1998 and the winner was bred by Sheikh Mohammed Obaid Al Maktoum and trained by Luca Cumani. There were 15 runners and the winner won by a head in 2 mins 33.88 secs, with 2 1/2 lengths between second and third. The winner was owned by Sheikh Mohammed Obaid Al Maktoum, the second by Godolphin and the third jointly by R.P.B.Michaelson and Wafic Said. The winner won a first prize of £598,690, the equivalent of £932,000 today.

THE DERBY 1998

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Pos. Horse Jockey Trainer
1 HIGH RISE Olivier Peslier Luca Cumani
2 CITY HONOURS John Reid Saeed bin Suroor
3 BORDER ARROW Ray Cochrane Ian Balding
4 SUNSHINE STREET Johnny Murtagh Noel Meade
5 GREEK DANCER Walter Swinburn Sir Michael Stoute
6 THE GLOW-WORM Darryl Holland Barry Hills
7 SADIAN Kieren Fallon Sir Henry Cecil
8 SECOND EMPIRE Mick Kinane A.P.O'Brien
9 CAPE VERDI Frankie Dettori Saeed bin Suroor
10 SARATOGA SPRINGS Willie Ryan A.P.O'Brien
11 GULLAND Michael Hills Geoff Wragg
12 COURTEOUS T.Quinn Paul Cole
13 MUTAMAM Michael Roberts A.C.Stewart
14 HAAMI Richard Hills John Dunlop
15

KING OF KINGS

Pat Eddery A.P.O'Brien
11/4 Cape Verdi
9/2 Second Empire
5/1 Greek Dance
11/2 King of Kings
12/1 City Honours
12/1 Gulland
14/1 Courteous
20/1 Saratoga Springs
20/1 The Glow-Worm
20/1 Haami
20/1 High Rise
25/1 Sadian
25/1 Border Arrow
50/1 Mutamam
150/1 Sunshine Street
  Over-Round 128%