In the paper, the concept of universal speed and flux estimator with additional parameters estimators is presented. Proposed solution is based on the Model Reference Adaptive System (MRAS) type flux and speed estimator and can be used in different industrial systems (especially in the automotive applications). Induction Motor (IM) parameters are estimated using the systems based only on simple simulators and adaptive systems (voltage model and current model). Proposed system was tested in the sensorless induction motor drive with the Direct Field Oriented Control (DFOC) algorithm. Simulation and experimental results are presented in the paper.Currently, the sensorless drives are developed as a post faulted application. They are dedicated for the Fault Tolerant Control (FTC) drives , in particular for the drive resistant for the faults of rotor speed sensor or position sensor. Similar properties are required from these systems, like from the universal estimators. Additionally, simple construction and easy tuning of coefficients are required.This paper describes the universal speed and flux estimator with additional IM parameter estimators for the speed sensorless induction motor drives (using DFOC method). Speed estimator is based on the MRAS CC solution (Orlowska-Kowalska and Dybkowski, 2010). All simulation tests were performed in MATLAB Simulink software. Experimental tests were made on the laboratory set-up with DS1103 card.