The 12th Goya Awards were presented in Madrid, Spain on 31 January 1998. The gala was hosted by El Gran Wyoming.

Lucky Star is a 1997 drama film directed by Ricardo Franco and starring Antonio Resines, Jordi Mollá and Maribel Verdú. Critically acclaimed, the film won five Goya Awards: Best Film, Best Director, Best Actor, Best Original Screenplay and Best Original Score. Ricardo Franco made just one more film; he died of a heart attack in 1998.