The 1972 Australian Drivers' Championship was a CAMS sanctioned Australian motor racing title open to Australian Formula 1 and Australian Formula 2 racing cars. It was the 16th Australian Drivers' Championship to be awarded by CAMS. The championship winner, Frank Matich, was awarded the 1972 CAMS Gold Star.

The Australian Drivers' Championship was a motor racing championship contested annually from 1957 to 2014 by drivers of cars complying with Australia's premier open-wheeler racing category as determined by the Confederation of Australian Motor Sport. From 2005 to 2014 this category was Formula 3 and the championship was promoted as the Formula 3 Australian Drivers' Championship. Each year, the winner was awarded the CAMS Gold Star. The title was revived in 2021 for the new S5000 category.