The Hall of Champions was established by the APBA in 1974 to recognize and distinguish its most outstanding drivers from each season. The APBA annually inducts drivers from its categories of racing into this prestigious group. Membership in the Hall of Champions is limited to those drivers who have an extraordinary racing season during the previous year. The induction ceremony is held the following year at the APBA's Annual Meeting. Drivers receive a plaque and jacket at the induction ceremony, and may enter the Hall multiple years.