The 1992 Mountain Dew Southern 500 was the 21st stock car race of the 1992 NASCAR Winston Cup Series season and the 43rd iteration of the event.

With a shorter pit stop, he was able to lead the final six laps before the red flag was put out to stop the race, with NASCAR officials deciding to end the race early, handing Waltrip the victory.

It is of a unique, somewhat egg-shaped design, an oval with the ends of very different configurations, a condition which supposedly arose from the proximity of one end of the track to a minnow pond the owner refused to relocate.

This situation makes it very challenging for the crews to set up their cars' handling in a way that is effective at both ends.

Sterling Marlin, driving for Junior Johnson & Associates, would win the pole, setting a time of 30.309 and an average speed of 162.249 miles per hour (261.114 km/h) in the first round.