40th Ariel Awards
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DateDecember 14, 1998
Best PicturePor Si No Te Vuelvo a Ver
Most awardsPor Si No Te Vuelvo a Ver (8)
Most nominationsPor Si No Te Vuelvo a Ver (19)
| 40th Ariel Awards | |
|---|---|
| Date | December 14, 1998 |
| Highlights | |
| Best Picture | Por Si No Te Vuelvo a Ver |
| Most awards | Por Si No Te Vuelvo a Ver (8) |
| Most nominations | Por Si No Te Vuelvo a Ver (19) |

The 40th Ariel Awards ceremony, organized by the Mexican Academy of Film Arts and Sciences (AMACC) took place on December 14, 1998, in Mexico City. During the ceremony, AMACC presented the Ariel Award in 23 categories honoring films released in 1997. Por Si No Te Vuelvo a Ver received eight awards out of 19 nominations, including Best Picture and Best Director for Juan Pablo Villaseñor.[1] De Noche Vienes, Esmeralda followed with five accolades; Libre de Culpas with three, and ¿Quién Diablos es Juliette? and Katuwira: Donde Nacen y Mueren los Sueños with two.[1]