The 1972 Virginia Slims Masters was a women's singles tennis tournament played on outdoor clay court at the Bartlett Park Tennis Center in St. Petersburg, Florida in the United States.

The event was part of the 1972 WT Woman's Pro Tour.

Second-seeded Nancy Gunter won the singles title and earned $3,400 first-prize money.

[1][2] Nancy Gunter defeated Chris Evert 6–3, 6–4 Karen Krantzcke / Wendy Overton defeated Judy Tegart / Françoise Dürr 7–5, 6–4

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