| Type: | NASWINSTON |
| Avg: | 78.086mph |
| Official Name: | 43rd Annual Hanes 500 |
| Network: | ESPN |
| Announcers: | Bob Jenkins, Ned Jarrett, Benny Parsons |
| Most Laps: | 219 |
| Pole Driver: | Darrell Waltrip |
| Pole Team: | Darrell Waltrip Motorsports |
| First Driver: | Mark Martin |
| Most Driver: | Alan Kulwicki |
| Most Team: | AK Racing |
| First Team: | Roush Racing |
| Car: | 6 |
| Radio: | Motor Racing Network |
| Location: | Martinsville, Virginia, Martinsville Speedway |
| Race Name: | Hanes 500 |
| Date: | April 26 |
| Scheduled Laps: | 500 |
| Scheduled Km: | 423.257 |
| Course Km: | 0.847 |
| Distance Km: | 423.257 |
| Distance Laps: | 500 |
| Scheduled Mi: | 263 |
| Course Mi: | 0.526 |
| Season No: | 29 |
| Race No: | 8 |
| Year: | 1992 |
| Pole Time: | 20.371 |
| Distance Mi: | 263 |
| Caption: | The 1992 Hanes 500 program cover, featuring Dale Earnhardt and his pit crew. |
| Attendance: | 48,300 |
The 1992 Hanes 500 was the eighth stock car race of the 1992 NASCAR Winston Cup Series season and the 43rd iteration of the event. The race was held on Sunday, April 26, 1992, before an audience of 48,300 in Martinsville, Virginia at Martinsville Speedway, a 0.526miles permanent oval-shaped short track. The race took the scheduled 500 laps to complete. In a race marred with rear axle failures, Roush Racing driver Mark Martin would manage to keep his car intact and hold off the field on the final restart with four to go to take his sixth career NASCAR Winston Cup Series victory and his first victory of the season.[1] [2] To fill out the top three, Junior Johnson & Associates driver Sterling Marlin and owner-driver Darrell Waltrip would finish second and third, respectively.
Martinsville Speedway is an NASCAR-owned stock car racing track located in Henry County, in Ridgeway, Virginia, just to the south of Martinsville. At 0.526 miles (0.847 km) in length, it is the shortest track in the NASCAR Cup Series. The track was also one of the first paved oval tracks in NASCAR, being built in 1947 by H. Clay Earles. It is also the only remaining race track that has been on the NASCAR circuit from its beginning in 1948.
Qualifying was split into two rounds. The first round was held on Friday, April 24, at 3:00 PM EST. Each driver would have one lap to set a time. During the first round, the top 20 drivers in the round would be guaranteed a starting spot in the race. If a driver was not able to guarantee a spot in the first round, they had the option to scrub their time from the first round and try and run a faster lap time in a second round qualifying run, held on Saturday, April 25, at 12:30 PM EST. As with the first round, each driver would have one lap to set a time. For this specific race, positions 21-30 would be decided on time,[3] and depending on who needed it, a select amount of positions were given to cars who had not otherwise qualified but were high enough in owner's points; which was usually two. If needed, a past champion who did not qualify on either time or provisionals could use a champion's provisional, adding one more spot to the field.
Darrell Waltrip, driving for his own Darrell Waltrip Motorsports team, would win the pole, setting a time of 20.371 and an average speed of 92.956mph in the first round.[4]
Two drivers would fail to qualify.
| Pos | Driver | Points | |||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | Davey Allison | 1,214 | |||||||
| 2 | Harry Gant | 1,198 (-16) | |||||||
| 1 | 3 | Terry Labonte | 1,173 (-41) | ||||||
| 1 | 4 | Bill Elliott | 1,157 (–57) | ||||||
| 5 | Alan Kulwicki | 1,131 (–83) | |||||||
| 1 | 6 | Morgan Shepherd | 1,119 (–95) | ||||||
| 1 | 7 | Dale Earnhardt | 1,070 (–144) | ||||||
| 2 | 8 | Geoff Bodine | 1,052 (–162) | ||||||
| 9 | Dick Trickle | 1,005 (–209) | |||||||
| 2 | 10 | Mark Martin | 1,001 (–213) | ||||||
| Official driver's standings | |||||||||