Mika Hakkinen becomes only the seventh driver ever to seal back-to-back world titles • Michael Schumacher breaks his leg at Silverstone, leaving Eddie Irvine to challenge for the title with Ferrari • Damon Hill, Alex Zanardi and Olivier Panis all retire from F1 • Malaysia hosts its first grand prix, won by Eddie Irvine • Johnny Herbert gives Stewart Grand Prix its first, and his last, win, at the Nurburgring • Legendary F1 designer Harvey Poselthwaite dies while overseeing Honda's F1 R&D project • Juan Pablo Montoya wins the CART title at his first attempt, while Kenny Brack wins the Indy 500 • Champ Car mourns the loss of Greg Moore and Gonzalo Rodriguez who are both killed in crashes • BMW wins Le Mans for the first and only time • Tommi Makinen clinches the last of his four consecutive WRC crowns, as Colin McRae switches to Ford with the new Focus • Richard Burns and Robert Reid win the RAC Rally for Subaru
- Mika Hakkinen becomes only the seventh man to win back-to-back F1 world championships
- Michael Schumacher breaks his leg in a crash in the British Grand Prix
- BMW wins the Le Mans 24 Hours for the first and only time
- Tommi Makinen wins the last of his four successive World Rally titles
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