Jenson Button McLaren 2011 Brazilian Grand Prix © LAT
With the aim of boosting the prospects of young British racing talent, its merit is proved in the list of past winners - which includes 2009 F1 world champion Jenson Button and four-time IndyCar champion Dario Franchitti.
As this year's big reveal on Sunday 4 December draws nearer, we've taken a trawl through the video archives to bring you footage of the moment some of our most famous past winners have been announced. We'll be adding one new free video each day for the rest of the week as we build up to this year's Awards.
4. Jenson Button, 1998 McLaren AUTOSPORT BRDC Award winner
Jenson Button, the 2009 Formula 1 world champion, won the McLaren AUTOSPORT BRDC Award in 1998 following a dominant maiden season in Formula Ford. Button ended the year as champion of the British series, runner-up in the European Championship and winner of the end-of-season Formula Ford Festival at Brands Hatch.
A brilliant race-winning rookie campaign in British Formula 3 the following year led to his grand prix debut in 2000. He has since made over 200 F1 starts for Williams, Benetton, Renault, BAR, Honda, Brawn and McLaren, claiming 12 wins, 43 podiums and the 2009 world title.
3. Lewis Williamson, 2010 McLaren AUTOSPORT BRDC Award winner
Our third video is from last year's AUTOSPORT Awards show. Lewis Williamson won the McLaren AUTOSPORT BRDC Award following his second season in Formula Renault 2.0 UK, in which he collected five wins, five pole positions and nine podiums en route to finishing a close second in the championship. He graduated into GP3 this year and claimed a maiden win on home soil at Silverstone, and also collected podiums at Valencia and the Nurburgring.