Late in the season the cash-strapped team sold his contract to Gabriele Rumi's ambitious Fondmetal outfit in time for the Spanish Grand Prix, soon forming a good relationship with the team. He was signed for a full year in 1992, showing some good speed in the neat but underdeveloped Fondmetal GR02 chassis. However, his car only finished once (14th at Silverstone, hindered by clutch problems) and despite some fine qualifying efforts (including outqualifying Ivan Capelli's Ferrari in Belgium) the team struggled to find funding, folding after the following Italian Grand Prix and leaving Tarquini out of a drive.