The 1972 Italian Grand Prix was a Formula One motor race held at Monza on 10 September 1972. It was race 10 of 12 in 1972 Formula One season.

Before the race, the Monza circuit was modified with the addition of two chicanes, one before the Curva Grande and one at the site of the old Curva Vialone, in order to reduce speeds in the interests of safety. Team Lotus was forced to run only one car because Emerson Fittipaldi's Lotus 72D was seriously damaged in an accident while being transported to Monza. Fittipaldi raced another 72D, but with specifications very close to the 1970 model.

The race was won by Brazilian driver Emerson Fittipaldi after he started from sixth position. With the win, Fittipaldi sealed the Drivers' Championship, becoming the youngest ever champion at 25 years and 273 days. Lotus also secured the Manufacturers' Cup. Englishman Mike Hailwood finished second in a Surtees-Ford, with New Zealander Denny Hulme third in a McLaren-Ford.