The 1972 Hardie-Ferodo 500 was an endurance motor race open to Group E Series Production Touring Cars.[1] The race was held on 1 October 1972 at the Mount Panorama Circuit just outside Bathurst in New South Wales, Australia. Cars competed in four classes defined by Capacity Price Units, where the engine capacity, expressed in litres (to three decimal places), was multiplied by the purchase price in Australian dollars to arrive at a CP value for each vehicle.[2] It was the 13th running of the Bathurst 500 race and the last to be held over the original distance of 500 miles. It was also the last to allow drivers to compete for the full distance without a relief driver. The race was the third round of the 1972 Australian Manufacturers' Championship.
1972 marked the first year in which rain had significantly affected the race. It was won by Peter Brock driving a Holden Dealer Team prepared Holden Torana, the first of Brock's record nine victories. Brock finished a lap ahead of Queensland racer John French driving a Ford XY Falcon GT-HO Phase III, this despite Brock being penalised one minute at his last pit stop for starting his car while the HDT crew were still re-fueling (under the ARDC's race regulations of the day, car engines had to be switched off during pit stops and could only be restarted once the re-fueling had been completed). A further lap behind was the Chrysler Valiant Charger of Doug Chivas. It was the only time the big three manufacturers of Australia in the 1960s and 1970s all had representatives in the first three outright positions in the race.
Pole sitter and winner of the previous two Bathurst 500's, Allan Moffat, had a trying race. After contesting the lead with Brock in the early laps, Moffat spun his factory entered Ford Falcon at Sulman Park on top of The Mountain in the wet conditions. Although he would fight his way back, he would twice be penalised one minute for restarting his car during pit stops before the re-fueling had been completed. Later in the race the Falcon would also encounter brake problems and Moffat dropped back to finish the race in 9th place, 8 laps down on Brock.
1969 Hardie-Ferodo 500 winner Colin Bond's race ended early when he rolled his Holden Dealer Team Holden Torana on lap 3 while in fourth place. 1967 winner Fred Gibson also rolled his Works GTHO Falcon at McPhillamy Park in the early wet conditions after being forced offline when lapping a slower car. The Falcon spun into the bank and rolled onto its roof on lap 22.[3]