The 1962 South African Grand Prix was a Formula One motor race held at East London on 29 December 1962. It was the ninth and final race in 1962 Formula One season.

The race was won by Graham Hill driving a BRM, the Englishman taking his first Drivers' Championship in the process, with New Zealander Bruce McLaren and local driver Tony Maggs second and third, respectively, in works Cooper-Climaxes.

Hill went into the race with a nine-point lead in the Drivers' Championship over Scotland's Jim Clark, driving a works Lotus-Climax. A Clark win would give him the championship regardless of Hill's performance because only the top 5 results counted for the championship. After taking pole position, Clark led comfortably until an oil leak 20 laps from the finish forced him to retire, handing the championship to Hill. The win also gave BRM their first and only Manufacturers' Cup.