A statue was unveiled at Haydock racecourse on Saturday morning in honour of Kauto Star.
The Paul Nicholls-trained chaser retired on October 31 after an astounding career at the highest level.
Kauto Star won the King George VI Chase at Kempton a record five occasions and the Cheltenham Gold Cup twice.
He was also successful in Haydock's Betfair Chase four times, including when he came back from the brink of retirement last season to inflict an eight-length defeat upon Long Run.
The half-life size statue of Kauto Star was created by sculptor Will Newton, who is based in Somerset, close to Nicholls' Ditcheat yard.
Nicholls and Kauto Star's owner, Clive Smith, were in attendance at the unveiling ceremony - alongside the horse himself.
"He's in as good a shape as ever," said Nicholls.
"We're very happy we retired him at the top when he was in such good shape. It was a hard decision (to retire him) but it was the right decision. He needs to be doing something active, but we've got to have discussions with Clive to see what we do from Christmas onwards. He needs to be kept safe and he needs a good rider on him. We've got to make the right plan for the horse."
Smith said connections have investigated the possibility of Kauto Star embarking upon a dressage career.
He told the Morning Line: "He's been outstanding for us. The peak of his career is winning a Gold Cup, but you can never quite take away the emotion when he won here a year ago. It (Haydock's statue) is a great honour for the horse. I'm very pleased it has happened - I'm very proud. We're looking at the possibility of dressage. He's a very intelligent horse and he's very athletic."
26 November 2014Staying aims for Trev
Retirement for National hero Mania
Fenton lodges ban appeal
Knott found in breach of rules
No stopping Twiston-Davies
Bans for jockeys in flag drama
Djak experience a concern for Walsh
More headlines Long Distance field
Tributes flow for Lady Herries
McCoy returns at Fontwell
25 November 2014Void race drama at Sedgefield
Colombieres stars in Mullins entry
Bridgwater buoyed by Bolster
Trade ready to storm Hong Kong
Bowe ponders Robin Power play
Apache on the march for Drinmore
Pipe - Stamina key to Bally chance
Sacre not guaranteed for Sandown
Tower 'sore' after Navan spill
Spirit ensures more Henderson woe
Walsh praise for Vautour
Walsh cool on Faugheen odds
Victory team on weather watch
New relief for Twiston-Davies
Nicholls planning dual George raid
Leather in fine form ahead of Cup
24 November 2014Hobbs upbeat about Fingal raid
Fry keen for crack at Tolworth
Midnight to stay over hurdles
Creek seeking Hennessy Gold
Dynaste team consider George run
Topper target hinges on ground
Followme poised for Drinmore date
Balbriggan lands Troytown gamble
Vautour impresses on chasing debut
Un De Sceaux set for Thurles
Melodic team face tough choice
Henderson aims at Listed prize
Croco in frame for Topham
Deputy in Kempton firing line
McBratney banks on Boy progress
23 November 2014Balbriggan all the way
Vautour off to impressive start
Belle set for hurdling campaign
Silvi scraps to Betfair glory
Bally sparkles on Mullins' big day
Kelly's a Fixed Brush hero
Faugheen turns on the style
Fenton banned for three years
Amlin double for fab Ferof
New One excels in Haydock romp
Flyer grounds Ascot rivals
Vasco a cut above opposition