Following the end of the 1991 Formula One season, the Larrousse team had been declared bankrupt. In order to keep his team going, team boss Gérard Larrousse signed a deal with Venturi, a Monaco-based automotive manufacturer, and hired Robin Herd and his Fomet company to build the 1992 cars. The LC92 was designed and built by Venturi Larousse UK, a British company formerly known as Fomet 1. Herd was technical director, Michel Têtu was the designer and Tino Belli was the aerodynamicist. The LC92 used a 3.5-litre Lamborghini 3512 V12 engine as Larrousse cars in 1989 and 1990 seasons. Bertrand Gachot was retained from the previous season, whilst Ukyo Katayama was hired to partner him. The only point of the season was scored by Gachot at the 1992 Monaco Grand Prix, where he came home sixth; a lap down on the leaders, but ahead of six other finishers. Katayama’ best was 9th at the Brazilian Grand Prix.
| Season | Series | Event |
| 1992 | F1WC | South African GP |
| Driver | No. | Entrant |
| Ukyo Katayama | 30 | Central Park Venturi Larrousse |
| Scale | Manufacturer | Collection |
| 1:43 | Spark | |
| Cat. No. | Quality | Rarity |
| S6997 | 
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