Alesi was partnered by Ivan Capelli in 1992, when the Ferrari F92A was even further from the pace than the 1991 Ferrari. Capelli had a disastrous season and was replaced for the last two races by Nicola Larini. Alesi had no realistic hope of winning a race, and retired with engine failure in the first two races of the season, but he finished fourth in the third race of the season, behind the Williams drivers and Michael Schumacher. He finished third in the Spanish Grand Prix, after a strong wet-weather drive, in spite of making contact with Gerhard Berger and Mika Hakkinen during the race. He ran third at the San Marino Grand Prix, but retired following a collision with Gerhard Berger. The subsequent races brought a series of retirements, although Alesi had a strong third-place finish at Canada and produced another outstanding wet-weather drive in France, producing lap times on slicks that were comparable to those of Nigel Mansell's Williams, before retiring with another engine failure. In the Belgian Grand Prix he was given the F92A / T, an improvement over the previous model, but retired due to a collision with Nigel Mansell's Williams. He qualified a strong third at Monza, but retired with a fuel pump failure early in the race. He finished in the points during the last two races of the season, leaving him seventh in the championship with 18 points.