Ric Flair won the 1992 WWF Royal Rumble match after entering as the third entrant. The match took place on January 19, 1992, at the Knickerbocker Arena in Albany, New York, and determined the vacant WWF World Heavyweight Championship.
Flair lasted more than an hour and ultimately eliminated Sid Justice to win. Hulk Hogan had eliminated Sid earlier, but Sid then threw Hogan out, creating a major storyline moment before Flair secured the victory. Afterward, Flair celebrated with the championship belt while Bobby Heenan famously proclaimed, “The Nature Boy” had won.
This Royal Rumble was unusual because the winner received the WWF World Heavyweight Championship itself rather than a later title opportunity. The championship had been vacated after Hulk Hogan and The Undertaker’s disputed finish at This Tuesday in Texas. Flair’s victory made him a two-time world champion in WWF competition and set up his WrestleMania VIII title match against Randy Savage.