Formula 1 world champion Lewis Hamilton has received a knighthood in the Queen’s New Years Honours list in recognition of his achievements in motorsport.

The accolade, which was confirmed on Wednesday evening, will see him become known as Sir Lewis Hamilton, following his championship-winning 2020 campaign in which he matched Michael Schumacher’s record seven F1 titles.

Hamilton also surpassed Schumacher’s tally of 91 victories, and in doing so has become statistically the most successful F1 driver of all-time.

The Briton is the third F1 world champion to be knighted after Jack Brabham and Jackie Stewart, although he will be the first to receive the honour whilst still an active driver.

Other recipients aside from drivers include Williams’ founders Frank Williams and Patrick Head.

The award follows Hamilton being named Laureus World Sportsman of the Year and BBC Sports Personality of the Year, in a year where he helped Mercedes to a record seventh straight constructors’ crown.

Commenting on Hamilton’s knighthood, incoming new F1 CEO Stefano Domenicali said: “Lewis is a true giant of our sport and his influence is huge both in and out of a car. What he has achieved is phenomenal with still more to come.

“All of us at F1 congratulate him on this well-deserved recognition of his achievements and look forward to seeing more of his brilliance in 2021.”

Mercedes team boss Toto Wolff added:  “Lewis is one of the very greatest racing drivers of all time and the most successful British sportsperson of his era.

“Around the world, he has long been recognised for his sporting achievement; this year, he combined his excellence on the track with a powerful voice to fight discrimination. In every sense, he led the way in 2020.

“The news that he is to receive a knighthood shows that he is now receiving the recognition he has earned during a career of unparalleled success in motorsport. The UK can be very proud to have a champion and ambassador of the calibre of Sir Lewis Hamilton.”