Jarama · 1 May 1972
Emerson Fittipaldi won the 1972 Spanish Grand Prix for Team Lotus from 3rd on the grid, 18.92s ahead of Jacky Ickx. David Walker gained the most places, from 24th on the grid to 9th.
| Pos | Team | Points Breakdown | Pts | |
|---|---|---|---|---|
| 1 | Ferrari Ickx 6 + Regazzoni 4 + Andretti 0 | Ickx 6 + Regazzoni 4 + Andretti 0 | 10 | |
| 2 | Team Lotus Fittipaldi 9 + Walker 0 | Fittipaldi 9 + Walker 0 | 9 | |
| 3 | Surtees de Adamich 3 + Schenken 0 + Hailwood 0 | de Adamich 3 + Schenken 0 + Hailwood 0 | 3 | |
| 4 | McLaren Revson 2 + Hulme 0 | Revson 2 + Hulme 0 | 2 | |
| 5 | March Pace 1 + Pescarolo 0 + Peterson 0 + Stommelen 0 + Lauda 0 | Pace 1 + Pescarolo 0 + Peterson 0 + Stommelen 0 + Lauda 0 | 1 | |
| 6 | Brabham Fittipaldi 0 + Hill 0 | Fittipaldi 0 + Hill 0 | 0 | |
| 7 | Tyrrell Stewart 0 + Cevert 0 | Stewart 0 + Cevert 0 | 0 | |
| 8 | Matra Amon 0 | Amon 0 | 0 | |
| 9 | BRM Gethin 0 + Ganley 0 + Wisell 0 + Beltoise 0 + Soler-Roig 0 | Gethin 0 + Ganley 0 + Wisell 0 + Beltoise 0 + Soler-Roig 0 | 0 |
| Pos | Driver | Team | Race time / Gap | Laps | Stops | Pts | |
|---|---|---|---|---|---|---|---|
| 1 | Emerson Fittipaldi Team Lotus | Team Lotus | 2:03:41.200 | 90 | — | 9 | |
| 2 | Jacky Ickx Ferrari | Ferrari | +18.920s | 90 | — | 6 | |
| 3 | Clay Regazzoni Ferrari | Ferrari | +1 Lap | 89 | — | 4 | |
| 4 | Andrea de Adamich Surtees | Surtees | +1 Lap | 89 | — | 3 | |
| 5 | Peter Revson McLaren | McLaren | +1 Lap | 89 | — | 2 | |
| 6 | Carlos Pace March | March | +1 Lap | 89 | — | 1 | |
| 7 | Wilson Fittipaldi Brabham | Brabham | +2 Laps | 88 | — | — | |
| 8 | Tim Schenken Surtees | Surtees | +2 Laps | 88 | — | — | |
| 9 | David Walker Team Lotus | Team Lotus | +3 Laps | 87 | — | — | |
| 10 | Graham Hill Brabham | Brabham | +4 Laps | 86 | — | — | |
| 11 | Henri Pescarolo March | March | +4 Laps | 86 | — | — | |
| DNF | Jackie Stewart Tyrrell | Tyrrell | DNF Accident | 69 | — | — | |
| DNF | Chris Amon Matra | Matra | DNF Gearbox | 66 | — | — | |
| DNF | François Cevert Tyrrell | Tyrrell | DNF Ignition | 65 | — | — | |
| DNF | Peter Gethin BRM | BRM | DNF Engine | 65 | — | — | |
| DNF | Denny Hulme McLaren | McLaren | DNF Gearbox | 48 | — | — | |
| DNF | Howden Ganley BRM | BRM | DNF Engine | 38 | — | — | |
| DNF | Reine Wisell BRM | BRM | DNF Accident | 24 | — | — | |
| DNF | Mario Andretti Ferrari | Ferrari | DNF Oil pressure | 23 | — | — | |
| DNF | Mike Hailwood Surtees | Surtees | DNF Electrical | 20 | — | — | |
| DNF | Ronnie Peterson March | March | DNF Fuel leak | 16 | — | — | |
| DNF | Rolf Stommelen March | March | DNF Accident | 15 | — | — | |
| DNF | Jean-Pierre Beltoise BRM | BRM | DNF Gearbox | 9 | — | — | |
| DNF | Niki Lauda March | March | DNF Differential | 7 | — | — | |
| DNF | Alex Soler-Roig BRM | BRM | DNF Accident | 6 | — | — |