One-parameter study of system of two nonlinearly coupled nonidentical Lang–Kobayshi oscillators is presented. The time delay influence on oscillation regimes in the system is studied. The posibility of periodic and quasiperiodic oscillations is shown. Variation of delay time leads to bifurcations and an alternation of periodic and quasiperiodic oscillations. Quasiperiodic oscillations are excited as a result of Neimark–Sacker bifurcation.