The 2012 FIA GT1 Algarve round was an auto racing event held on 7–8 July 2012 at the Autódromo Internacional do Algarve in Portimão, Portugal. It was the fifth round of the 2012 FIA GT1 World Championship season for grand tourer racing cars complying with GT1 and GT3 regulations. The event consisted of two races, the Qualifying Race and the Championship Race, each of which lasted one hour. The Qualifying Race took place on 7 June and was won by the All-Inkl.com Münnich Motorsport pairing of Markus Winkelhock and Marc Basseng. The Championship race was held the following day and saw Thomas Jager and Nicky Pastorelli take victory, also driving for All-Inkl.com Münnich Motorsport.