The 1992 British Formula Three season was the 42nd British Formula Three Championship, won by Brazilian Gil de Ferran. The season started on 22 March at Donington Park and ended on 4 October at Silverstone following sixteen races. Dutch driver Marcel Albers died following a large crash during the third round at Thruxton. 1992 was the final season of British F3 in which the champion did not drive a Dallara chassis, and the first of six titles in seven years for Paul Stewart Racing. Class B was won by British driver Paul Evans.