The 28-92 was again entered for the 1939 Bendix Trophy race, this time piloted by Art Bussy. Competing as race number 39, the aircraft finished second in the Los Angeles to Cleveland race with an average of 244.486 mph. Continuing on to New York, Bussy and the trimotor again finished second, averaging 231.951 mph for the total distance from Los Angeles to New York.
Because of the start of World War II, all air races and record flights were put on hold. The Bellanca 28-92 trimotor was of little use during this time. The aircraft was eventually purchased by the Ecuadorian Air Force and served in South America from 1941 to 1945. Reportedly, the 28-92 was abandoned at a small airfield in Ecuador; a sad end for a unique aircraft.