Grid
| Row | Inside | Middle | Outside |
|---|---|---|---|
| 1 | Roberto Guerrero | Eddie Cheever | Mario Andretti |
| 2 | Arie Luyendyk | Gary Bettenhausen | Michael Andretti |
| 3 | Scott Brayton | Danny Sullivan | Rick Mears |
| 4 | Bobby Rahal | Emerson Fittipaldi | Al Unser, Jr. |
| 5 | Stan Fox | John Andretti | Eric Bachelart (R) |
| 6 | Philippe Gache (R) | Scott Pruett | John Paul, Jr. |
| 7 | Paul Tracy (R) | Jeff Andretti | Jim Crawford |
| 8 | Al Unser | A. J. Foyt | Buddy Lazier |
| 9 | Raul Boesel | Brian Bonner (R) | Lyn St. James (R) |
| 10 | Jimmy Vasser (R) | Dominic Dobson | Tom Sneva |
| 11 | Gordon Johncock | Ted Prappas (R) | Scott Goodyear†|
- Guerrero crashed during the second parade lap, and did not start the race. Gache also spun on the parade lap, and drove to the pits and missed the start. He joined the field on lap 3.
- Scott Goodyear and Mike Groff were teammates for Walker Racing. Goodyear was the full-time primary driver (entered in a 1992 chassis), and Groff the second team driver (entered in a 1991 chassis). Due to a lingering oil pressure problem, and the hectic nature of the abbreviated pole day time trials session, Goodyear and Groff temporarily swapped cars to qualify, in order to take advantage of the favorable draw. At the close of qualifying, the team pre-planned to swap the drivers back to their original cars, and Goodyear and Groff would move to the rear of the field. However, at the close of qualifying, Groff had qualified 26th, but Goodyear was bumped. As expected, and as planned, Goodyear took Groff's place behind the wheel in the primary car. The driver switch required the car to be moved to the rear of the field (33rd).
Read more about this topic: 1992 Indianapolis 500