The managing director of Cumbrian based motorsport firm M-Sport is to receive an Honorary Fellowship from the University of Cumbria.
Former British Rally Champion Malcolm Wilson is to receive his fellowship for his "outstanding contribution" to the industry.
M-Sport run their rally company from their Dovenby Hall complex in Cockermouth, and are one of west Cumbria's largest employers.
More top news
The money will fund redevelopment plans at Whitehaven North Shore, including junction and pedestrian and improvements to the Bransty area.
Should Universal Credit be put on pause? Paul Brand and guests discuss the benefit reform that's under fire from Labour.
Stormy weather on the way.