Valvoline 200 1992 var ett race som var den andra deltävlingen i PPG IndyCar World Series 1992. Racet kördes den 5 april på Phoenix International Raceway. Bobby Rahal gick upp i mästerskapsledning, genom att vinna för sitt egenägda team Rahal-Hogan Racing i bara dess andra tävling. Eddie Cheever blev tvåa, före Penskeduon Emerson Fittipaldi och Paul Tracy.
| Plats
|
Förare
|
Team
|
Grid
|
Kvaltid
|
| 1
|
 Bobby Rahal
|
Rahal-Hogan Racing
|
2
|
20,977
|
| 2
|
Eddie Cheever
|
Chip Ganassi Racing
|
14
|
21,974
|
| 3
|
 Emerson Fittipaldi
|
Marlboro Team Penske
|
4
|
21,389
|
| 4
|
 Paul Tracy
|
Penske Racing
|
6
|
21,520
|
| 5
|
Al Unser Jr.
|
Galles-Kraco Racing
|
11
|
21,606
|
| 6
|
John Andretti
|
Hall/VDS Racing
|
5
|
21,428
|
| 7
|
Scott Pruett
|
Truesports Co.
|
12
|
21,787
|
| 8
|
Rick Mears
|
Marlboro Team Penske
|
8
|
21,547
|
| 9
|
Scott Brayton
|
Dick Simon Racing
|
10
|
21,569
|
| 10
|
Michael Andretti
|
Newman/Haas Racing
|
1
|
20,925
|
| 11
|
Tony Bettenhausen Jr.
|
Bettenhausen Motorsports
|
15
|
22,318
|
| 12
|
Danny Sullivan
|
Galles-Kraco Racing
|
7
|
21,536
|
| 13
|
 Eric Bachelart
|
Dale Coyne Racing
|
19
|
23,980
|
| 14
|
Buddy Lazier
|
Leader Cards Racing
|
17
|
22,883
|
| 15
|
Jimmy Vasser
|
Hayhoe-Cole Racing
|
13
|
21,968
|
| 16
|
 Hiro Matsushita
|
Dick Simon Racing
|
16
|
22,427
|
| 17
|
Mario Andretti
|
Newman/Haas Racing
|
3
|
21,085
|
| 18
|
Scott Goodyear
|
Walker Racing
|
9
|
21,553
|
| 19
|
 Jovy Marcelo
|
Euromotorsport
|
20
|
24,072
|
| 20
|
 Fabrizio Barbazza
|
Arciero Racing
|
18
|
23,174
|
| 21
|
Dennis Vitolo
|
Dale Coyne Racing
|
21
|
-
|
| 22
|
George Snider
|
A.J. Foyt Enterprises
|
22
|
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