The 1992 Daikyo IndyCar Grand Prix was the opening round of the 1992 PPG Indy Car World Series, held on 22 March 1992 on the Surfers Paradise Street Circuit, Queensland, Australia.

The race was won by Emerson Fittipaldi driving a Penske PC21-92 Chevrolet-Ilmor B for Team Penske.

Pos	Nat	Name	Team	Car	Time
1		Al Unser Jr.	Galles-Kraco Racing	Galmer G92 Chevrolet-Ilmor A	1:38.744
2		Michael Andretti	Newman-Haas Racing	Lola T91/00 Ford XB Cosworth
3		Emerson Fittipaldi	Team Penske	Penske PC21-92 Chevrolet-Ilmor B
4		Bobby Rahal	Rahal-Hogan Racing	Lola T92/00 Chevrolet-Ilmor A
5		Rick Mears	Team Penske	Penske PC21-92 Chevrolet-Ilmor B
6		Mario Andretti	Newman-Haas Racing	Lola T91/00 Ford XB Cosworth
7		Eddie Cheever	Chip Ganassi Racing	Lola T91/00 Ford XB Cosworth
8		Scott Pruett	Truesports	Truesports 92C Chevrolet-Ilmor A
9		Scott Goodyear	Walker Motorsport	Lola T91/00 Chevrolet-Ilmor A
10		Danny Sullivan	Galles-Kraco Racing	Galmer G92 Chevrolet-Ilmor A
11		John Andretti	Racing Team VDS	Lola T92/00 Chevrolet-Ilmor A
12		Scott Brayton	Dick Simon Racing	Lola T92/00 Chevrolet-Ilmor A
13		Gregor Foitek	Gilmore Racing	Lola T92/00 Chevrolet-Ilmor A
14		Tony Bettenhausen Jr.	Bettenhausen Racing	Penske PC20-91 Chevrolet-Ilmor A
15		Fabrizio Barbazza	Arciero Racing	Lola T90/00 Buick
16		Ted Prappas	P.I.G. Enterprises	Lola T91/00 Chevrolet-Ilmor A
17		Jimmy Vasser	Hayhoe Racing	Lola T91/00 Chevrolet-Ilmor A
18		Éric Bachelart	Dale Coyne Racing	Lola T90/00 Cosworth DFS
19		Jovy Marcelo	Euromotorsport	Lola T91/00 Cosworth DFS
20		Buddy Lazier	Leader Cards Racing	Lola T90/00 Buick
21		Ross Bentley	Dale Coyne Racing	Lola T90/00 Cosworth DFS
22		Nicola Marozzo	Euromotorsport	Lola T91/00 Cosworth DFS
23		A. J. Foyt	Walker Motorsport	Lola T90/00 Cosworth DFS
DNQ		Hiro Matsushita	Dick Simon Racing	Lola T91/00 Chevrolet-Ilmor A

Pos	No	Driver	Team	Laps	Time/retired	Grid	Points
1	5	Emerson Fittipaldi	Team Penske	65	2:20:32.477	3	20
2	4	Rick Mears	Team Penske	65	+2.8 secs	5	16
3	12	Bobby Rahal	Rahal-Hogan Racing	65		4	14
4	3	Al Unser Jr.	Galles-Kraco Racing	65		1	13
5	18	Danny Sullivan	Galles-Kraco Racing	65		10	10
6	8	John Andretti	Racing Team VDS	65		11	8
7	2	Mario Andretti	Newman-Haas Racing	65		6	6
8	9	Eddie Cheever	Chip Ganassi Racing	64	+ 1 lap	7	5
9	15	Scott Goodyear	Walker Motorsport	63	+ 2 laps	9	4
10	31	Ted Prappas	P.I.G. Enterprises	62	+ 3 laps	16	3
11	39	Ross Bentley	Dale Coyne Racing	61	+ 4 laps	21	2
12	30	Fabrizio Barbazza	Arciero Racing	61	+ 4 laps	15	1
13	16	Tony Bettenhausen Jr.	Bettenhausen Racing	60	+ 5 laps	14
14	50	Jovy Marcelo	Euromotorsport	54	+ 11 laps	19
15	47	Jimmy Vasser	Hayhoe Racing	48	Electrical	17
16	21	Buddy Lazier	Leader Cards Racing	47	+ 18 laps	20
17	1	Michael Andretti	Newman-Haas Racing	41	Broken header	2	1
18	10	Scott Pruett	Truesports	23	Transmission	8
19	42	Nicola Marozzo	Euromotorsport	22	Electrical	22
20	22	Scott Brayton	Dick Simon Racing	22	Transmission	12
21	14	Gregor Foitek	Gilmore Racing	19	Puncture	13
22	19	Éric Bachelart	Dale Coyne Racing	16	Oil pressure	18
23	17	A. J. Foyt	Walker Motorsport	2	Withdrawn	23
DNS	11	Hiro Matsushita	Dick Simon Racing		Wrecked in practice

• Time of race 2:20:33.00
• Average Speed 77.561 mph

• Full Weekend Times & Results
• 1992 Daikyo IndyCar Grand Prix

Previous race:	Indy Car Indycar World Series 1992 season	Next race: 1992 Valvoline 200
Previous race: 1991 Gold Coast IndyCar Grand Prix	1992 Daikyo IndyCar Grand Prix	Next race: 1993 Australian FAI IndyCar Grand Prix

27°59′17.9″S 153°25′42.1″E / 27.988306°S 153.428361°E / -27.988306; 153.428361