The 1992 Hungarian Grand Prix was a Formula One motor race held at Hungaroring on 16 August 1992. It was the eleventh race of the 1992 Formula One World Championship. The race was won by Brazilian driver Ayrton Senna, driving a McLaren-Honda. Briton Nigel Mansell finished second in his Williams-Renault to clinch the Drivers' Championship with five races still to run, with Austrian Gerhard Berger third in the other McLaren-Honda. 

At the time, it was the earliest moment in Formula One history the championship has been clinched before the final race. The race also marked the final appearance of the Brabham team, which had been competing in Formula One since 1962 and had won four Drivers' Championships and two Constructors' Championships. Ferrari celebrated its 500th entry, although its official 500th entry was at the next round in Belgium.