We report the discovery of WASP-38b, a long period transiting planet in an eccentric 6.871815 day orbit. The transit epoch is 2455335.92050 +/- 0.00074 (HJD) and the transit duration is 4.663 hours. We performed a spectral analysis of the host star HD 146389/BD+10 2980 that yielded Teff = 6150 +/- 80 K, log g=4.3 +/- 0.1, vsini=8.6 +/- 0.4 kms, M* = 1.16 +/- 0.04 Msun and R* =1.36 +/- 0.05 Rsun, consistent with a dwarf of spectral type F8.