Undated (AP) _ The Baltimore Orioles, expressing concern over baseball's image, have announced the formation of the game's first voluntary drug testing program. Acting individually, 26 of the 38 players on Baltimore's spring training roster already have agreed to take part in the one-year pilot program, or were already subject to similar arrangements through contract clauses or minor league testing.

The remaining 12 have not yet been contacted. General Manager Hank Peters. said he hoped for 100 percent participation, but added that no disciplinary action would be taken against anyone who refuses.

Wade Boggs,. who became a million dollar player in just three years with the Boston Red Sox, says he would swap some big bucks for a no-trade clause in a new contract. ''Money has never been the big issue with me,'' said Boggs, who won $1 million in arbitration last February and is shooting for $1.85 million this time around. Boggs, who won his second AL batting championship with 240 hits and a .368 average last summer, offered some interesting figures on a visit for the Boston Baseball Writers' 47th annual dinner at the Sheraton Boston Hotel.

A Superior Court judge on Thursday ordered an investigation into whether former Oakland A's pitcher Mike Norris. can qualify for a probation program rather than being prosecuted on a cocaine possession charge. Judge Richard Haugner ordered probation officials to assess Norris' qualifications for the diversion program, which would require him to attend classes on drug abuse and meet regularly with probation officers. The officials are to report back to the judge March 27. Norris' attorney, Jim Giller, said there was ''no question'' his client will qualify for the program, which is for people with no prior criminal records. NFL

The head of drug treatment for the New England Patriots' said Thursday seven players on the club were tested, all positively, for drug use in the past year and the problem on the team is ''almost negligible'' The tests showed that two of the players had used cocaine and marijuana and that five had used marijuana only, Dr. Armand Nicholi. said. Of those five, two said they had used marijuana just once during the year, he added.

In a prepared statement issued by the club, Nicholi said those tested positively made up a far smaller percentage of the 56 players under contract than the amount of drug users in a similar age group in general society. BOXING

Barry McGuigan. of Ireland, the World Boxing Association featherweight champion, was named Thursday the WBA Fighter of the Year for 1985. Mickey Duff, a British promoter, accepted the award on behalf of McGuigan at a luncheon. McGuigan won the title in 1985 on a decision over Eusebio Pedroza and defended it by stopping Bernard Taylor in eight rounds.

Other winners included: Fight of the Year - Wilfredo Gomez's decision over Rocky Lockridge for the WBA junior lightweight title. Victory of the Year - Michael Spinks' decision over previously unbeaten Larry Holmes for the International Boxing Federation heavyweight title. Outstanding Defense - Marvin Hagler's third-round knockout of Thomas Hearns in defense of the undisputed middleweight title. Commission of the Year - Nevada State Athletic Commission. Promoter of the Year - Bob Arum's Top Rank, Inc. NBA

Phoenix Suns forward Larry Nance. says he's having an all-star season and can't understand why he won't be playing in next month's National Basketball Association All-Star Game. Nance was not among the players picked Wednesday for the Western Conference team, leaving Phoenix with no representatives in the Feb. 9 game at Dallas. ''I'm disappointed,'' said Nance, who was an all- star last season. ''I thought I was playing better this year than last year. I'm not sure what more I can do. But I've just got to go on.''