Once Giancarlo Minardi's collaboration with Ferrari engines came to an end, Giuseppe Lucchini, owner of Scuderia Italia, secured the supply deal for the powerful Ferrari V12 engines for the 1992 season. The two-year contract signed by Lucchini involved the use of the V12 engine that had powered Ferrari's single-seaters the previous season. However, considering that in the early 1990s Ferrari engines were less competitive than those of rivals Renault and Honda, this was not enough for the Brescia-based team's cars to stand out in the crowded field of World Championship contenders.
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| BMS-DALLARA F192, J.J. Lehto Montecarlo, Monaco GP 1992 |
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| BMS-DALLARA F192, J.J. Lehto Imola, San Marino GP 1992 |
Despite the larger size of the new engine, the rear of the F192 was fully faired, covering the engine, gearbox, and suspension system. The F192’s suspension, although still lacking electronic actuators, introduced a significant innovation compared to the past: the front suspension featured a single shock absorber supplied by Koni, a solution already seen on other single-seaters but which caused handling issues and excessive tire wear on the Italian car. Due to these problems, this solution was abandoned mid-season in favor of a more conventional setup with two shock absorbers, this time supplied by Dynamic Suspension.
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| BMS-DALLARA F192, Pierluigi Martini Monza, Italian GP 1992 |
The new Dallara single-seater did not feature particularly sophisticated electronics, unlike most of its rivals, and was equipped with a traditional six-speed manual gearbox manufactured directly by Dallara. In single-lap performance, especially early in the season, the F192 showed promise, with its two drivers, the confirmed Finnish driver Jyrki Juhani Järvilehto (J.J. Lehto) and the newcomer, Italian Pierluigi Martini, even managing to outqualify the works Ferraris during the Mexican Grand Prix.
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| BMS-DALLARA F192, Pierluigi Martini Montrèal, Canadian GP 1992 |
Throughout the season, the F192 underwent continuous development, especially in terms of aerodynamics, with modifications to the front wing and sidepods. However, as time went on, performance significantly declined. Despite good reliability that often allowed both drivers to finish races, Lucchini’s cars achieved no better than two sixth-place finishes, both by Martini in Spain and Imola. With only 2 points scored, the Brescia-based team fell short of expectations and finished the season in tenth place in the Constructors' Championship.




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