| GP of South Africa Kyalami 4-3-1972, 79 laps of 4.104 m, Total distance 324.210 m | |||||
| Pos | No | Driver | Team-engine | Diff | Reason |
| 1 | - | Denny Hulme | McLaren-Ford | 1:57:58.82 | - |
| 2 | - | Emerson Fittipaldi | Lotus-Ford | -00:14.1 | - |
| 3 | - | Peter Revson | McLaren-Ford | -00:25.8 | - |
| 4 | - | Mario Andretti | Ferrari | -00:38.5 | - |
| 5 | - | Ronnie Peterson | March-Ford | -00:49.0 | - |
| 6 | 20 | Graham Hill | Brabham-Ford | -1 lap | - |
| 7 | 4 | Niki Lauda | March-Ford | -1 lap | - |
| 8 | - | Jacky Ickx | Ferrari | -1 lap | - |
| 9 | - | François Cevert | Tyrrell-Ford | -1 lap | - |
| 10 | - | Dave Walker | Lotus-Ford | -1 lap | - |
| 11 | - | Henri Pescarolo | March-Ford | -1 lap | - |
| 12 | - | Clay Regazzoni | Ferrari | -2 laps | - |
| 13 | - | Rolf Stommelen | Eifelland-Ford | -2 laps | - |
| 14 | - | Helmut Marko | B.R.M. | -3 laps | - |
| 15 | - | Chris Amon | Matra-Simca | -3 laps | - |
| 16 | - | John Love | Surtees-Ford | -6 laps | Out of race |
| 17 | - | Carlos Pace | March-Ford | -6 laps | - |
| 18 | - | Howden Ganley | B.R.M. | -9 laps | - |
| 19 | - | Andrea de Adamich | Surtees-Ford | -10 laps | - |
| 20 | - | Peter Gethin | B.R.M. | -14 laps | - |
| 21 | - | Jean-Pierre Beltoise | B.R.M. | 61 lap | Engine |
| 22 | 20 | Graham Hill | Brabham-Ford | 12 laps | Fuel pump |
| 23 | 1 | Jackie Stewart | Tyrrell-Ford | 45 laps | Gearbox |
| 24 | - | Mike Hailwood | Surtees-Ford | 29 laps | Rear suspension |
| 25 | - | Carlos Reutemann | Brabham-Ford | 28 laps | Fuel |
| 26 | - | Tim Schenken | Surtees-Ford | 9 laps | Engine |
| 27 | - | Dave Charlton | Lotus-Ford | 2 laps | Fuel pump |
| 28 | - | Williy Ferguson | Brabham-Ford | DNS | - |
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