| Rank | Team | Time |
|---|---|---|
| 1 |  Gatorade | 37:50 |
| 2 |  Clas-Cajastur | + 35 |
| 3 | O.N.C.E. | + 38 |
| 4 | Banesto | + 44 |
| 5 | Amaya Seguros | + 45 |
| 6 | Carrera - Vagabond-Tassoni | + 56 |
| 7 |  TVM-Sanyo | + 01:03 |
| 8 | PDM-Ultima-Concorde | + 01:05 |
| 9 | Seur | + 01:15 |
| 10 | Kelme | + 01:19 |
| 11 | Buckler | + 01:22 |
| 12 | + 01:39 | |
| 13 | GB - MG Boys Maglificio - Bianchi | + 01:43 |
| 14 |  Mercatone Uno - Medeghini - Zucchini | + 01:46 |
| 15 | + 01:52 | |
| 16 | Festina - Lotus | + 01:54 |
| 17 |  Sicasal - Acral | + 01:57 |
| 18 |  RUSS - Baikal | + 02:18 |
| 19 | Wigarma | + 02:25 |
| 20 |  Collstrop- Garden Wood - Histor | + 03:01 |
| 21 | Puertas Mavisa | + 03:40 |
Info
| Date | 28 April 1992 |
| Start | Arcos de la Frontera |
| Finish | Jerez de la Frontera |
| Distance | 32.6 km |
| Type | Team Time Trial |
| Average Speed | 51.70 km/h |