Speed skiing was a demonstration sport at the 1992 Winter Olympics. The venue was in Les Arcs, about 60 km from the host city, Albertville. Michael Prufer, a 31-year-old medical doctor from Savoie, improved his own 1988 world record by 5.558 km/h. Philippe Goitschel, the nephew of French ski champion Marielle Goitschel, was second and the American Jeffrey Hamilton was third. The competition was, however, marred by the death of Nicolas Bochatay from Switzerland, who died while free skiing the morning of the finals.

Tarja Mulari from Finland achieved a top speed of 219.245 kilometres per hour (136.233 mph), breaking the previous women's world record of 214.723 km/h (133.423 mph).

Men's event

Place	Athlete	Speed
1	Michael Prufer (FRA)	229.299 km/h (142.480 mph)
2	Philippe Goitschel (FRA)	228.717 km/h (142.118 mph)
3	Jeff Hamilton (USA)	226.700 km/h (140.865 mph)
4	Laurent Sistach (FRA)	225.000 km/h (139.809 mph)
5	Claude Basile (FRA)	223.464 km/h (138.854 mph)
6	Petr Kakes (TCH)	223.325 km/h (138.768 mph)
7	James Morgan (USA)	222.910 km/h (138.510 mph)
8	Franz Weber (AUT)	222.222 km/h (138.082 mph)
9	Silvano Meli (SUI)	222.085 km/h (137.997 mph)
10	John "C.J." Mueller (USA)	221.811 km/h (137.827 mph)

Women's event

Place	Athlete	Speed
1	Tarja Mulari (FIN)	219.245 km/h (136.233 mph)
2	Liss Pettersen (NOR)	212.892 km/h (132.285 mph)
3	Renata Kolarova (SUI)	210.526 km/h (130.815 mph)
4	Anna Morin (SWE)	209.790 km/h (130.357 mph)
5	Melissa Dimino-Simons (USA)	203.620 km/h (126.524 mph)
6	Lark Frolek (CAN)	195.865 km/h (121.705 mph)
7	Francoise Beguin (FRA)	195.972 km/h (121.771 mph)
8	Jacqueline Blanc (FRA)	199.115 km/h (123.724 mph)
9	Lisa Powell (NZL)	193.966 km/h (120.525 mph)
10	Kirsten Culver (USA)	193.548 km/h (120.265 mph)