A Hall of Fame honouring the best of British Flat racing is being created online and will be unveiled next Monday at the start of Guineas week.

The development is being backed by Qipco to mark the tenth anniversary of its sponsorship of the British Champions Series and will feature “the modern greats” of the sport, focusing on the period from 1970 to date.

It is envisaged that membership of the Hall “will become one of the highest accolades within the sport” and will be accompanied by a bespoke medal designed by the jewellers Asprey.

As yet, no inductees have been revealed. However, a video released on Monday to promote the news showed some of the most obvious candidates, including Nijinsky, Shergar, Dancing Brave, Galileo and Frankel as well as Lester Piggott, Willie Carson, Frankie Dettori, Vincent O’Brien, Sir Henry Cecil, Sir Peter O’Sullevan, Khalid Abdullah and the Queen.

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