The checkered flag symbolizes victory in racing and is instantly recognizable to fans around the world. There are many synonyms for this iconic symbol, including the winning flag, the chequered flag, and the finish flag. Other terms that refer to the checkered flag include the end flag, the race flag, and the final flag. Racing enthusiasts may also refer to the flag as the victory flag or the championship flag. Whatever name is given to this image of triumph, it will always represent the final goal and the ultimate prize in the world of automobile racing.