Red Bull racing team principal Christian Horner said he was "shocked but very honoured" to receive an OBE in the Queen's Birthday Honours.
Horner, 39, has been recognised for services to motor sport, including leading Red Bull to a hat-trick of Formula One world titles over the past three years.
He said: "It's all a bit unexpected. Incredible really. I'm naturally shocked, but I just feel very honoured and privileged to receive it.
"To be in the company of men and women who have achieved such great things for the country is something very, very special".
Welsh comedian Rob Brydon and classical singer and television presenter Aled Jones are among those named.
Actors, popstars, business leaders and a former ITV News presenter are among those honoured in this year's Queen's Birthday Honours