Built by Sauber for Mercedes-Benz, the C292 featured the same Mercedes-Benz M291 3.5L Flat-12 which had initially disappointed in 1991, but during the offseason continued development and testing and was finally able to produce power similar to Jaguar, Peugeot, and Toyota.[4]
However, given the large amount of money Mercedes-Benz had invested in sportscar racing since their return, while receiving very little returns even after winning two championships and a 24 Hours of Le Mans, the decision was made to cancel the project after only a few C292s had been produced by Sauber. The exact number of C292s that were built is unknown, however one remaining copy is on display in the Sauber museum.
With the cancellation, the C292 was never tested, and therefore its potential in comparison to its competitors was never able to be seen. It is unknown if Mercedes even got to the point of installing the M291 engine in the C292.
This would be the last Mercedes-Benz sportscar until the launch of the CLK-GTR in 1997.
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