1992 IndyCar season

The 1992 IndyCar season, the fourteenth in the CART era of U.S. open-wheel racing, consisted of 17 races, beginning in Surfers Paradise, Queensland, Australia on March 22 and concluding in Monterey, California on October 18, in which it was marred by the death of Jovy Marcelo. There was one non-championship event, the Marlboro Challenge. The PPG Indy Car World Series Drivers' Champion was Bobby Rahal and the Indianapolis 500 winner was Al Unser, Jr. The Rookie of the Year was Stefan Johansson. The 76th Indianapolis 500 was sanctioned by USAC, but counted in the CART points standings.

The circuit welcomed a new venue in 1992, New Hampshire International Speedway.

Bobby Rahal, who was in his first season as an owner/driver, won four races and three poles en route to the title. Rahal's three oval wins included a dominating wire-to-wire victory at Phoenix, where he led all 200 laps. Rahal fielded the "tried and true" Lola/Ilmor Chevrolet "A" combination. It was the final championship for the Ilmor Chevy A engine. Rahal managed to outperform the newer engines that joined the series in 1992, the Ford/Cosworth XB, as well as the Ilmor Chevy "B" engine, which was used by the Penske team. For the third time, Michael Andretti finished runner-up to Rahal in the points.

Drivers and constructors
The following teams and drivers competed in the 1992 Indy Car World Series season.

Races
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 * Indianapolis was USAC-sanctioned but counted towards the CART title.

Final driver standings
Point Scoring System:
 * Points are awarded based on each driver's resulting place (regardless of whether the car is running at the end of the race):

Bonus Points:
 * 1 For Pole Position
 * 1 For Leading The Most Laps Of The Race

Note
Jovy Marcelo was killed in practice for the 1992 Indianapolis 500. He was 26 years old.

Nation's Cup

 * Top result per race counts towards Nation's Cup.