Newton Abbot Racecourse has commissioned a bronze sculpture of jockey AP McCoy to recognise his achievements and contribution to the sport.
The sculpture will be unveiled before the start of the first race today and will go on show in the weighing room at the racecourse.
"McCoy provides such excitement at every fixture he attends here at Newton Abbot and we know it's the same at racecourses across the country. He's become synonymous with horseracing and is an example of the determination to succeed in the sport.
We're thrilled to be able to unveil this at our final fixture and recognise McCoy's achievements."
The bronze sculpture was created by William Newton, a sculptor based in Wincanton. The unveiling will mark the end of the 2014 racing season at Newton Abbot Racecourse.
Horse racing is hugely popular here in the West Country with race courses in Wincanton, Newton Abbot and Exeter. Many of the top National Hunt trainers are based in the region. But now our local courses are backing the rise of a new competition - Arabian racing.
Horses from the Middle East are best known for their quirky, unpredictable nature and Taunton recently hosted the opening Arabian fixture of the season. Chris Spittles reports on the increasing popularity of the sport.
Lord Windermere has been confirmed as winner of the Cheltenham Gold Cup Chase after a stewards enquiry.
The horse was taken first past the post by jockey Davy Russell, beating On His Own to second.
The Giant Bolster took third, though Paul Nicholl's Silviniaco Conti failed to place.
Jockey Daryl Jacobs has been injured in a dramatic incident at the Cheltenham Fesitval.
Somerset trainer Paul Nicholl's horse appeared to be spooked by something as he was cantering to the start for the 2.40 race. The horse went through the rails and jockey Jacobs was thrown from the saddle and into a TV camera.
Initial reports suggest that Jacobs has injured his shoulder and leg. He is currently having medical treatment.
Cheltenham Festival's most successful jockey Ruby Walsh has suffered a bad fall and suspected fractured wrist in the day's first race.
The Irish jockey has been taken to hospital for X-rays and will now be unable to ride another race, including his mount in the Gold Cup.
Our cameras caught the scene this morning as the racecourse was shrouded in fog. It should all be clear by the time of the Gold Cup at 3.20
Cheltenham racecourse is normally the third busiest UK airport on Gold Cup day after Heathrow and Gatwick but thick fog has so far prevented any helicopter landing there this morning.
Somerset trainer Paul Nicholls flies the flag for the West Country in this afternoon's Cheltenham Gold Cup.
Nicholls has won the Gold Cup four times and today sends out Silvianiaco Conti for the big race. He is still looking for his first win at this year's Festival
The Cheltenham Festival concludes tomorrow and 17-time champion trainer Paul Nicholls has an excellent chance of winning the Gold Cup for a record-equalling fifth time. Our Sports Correspondent Matthias Kurth reports.