A £1.2m project to expand the Jim Clark Room in Duns has been given the approval of the Scottish Borders Council – as well as £515,000 in funding.
The money will be put towards rehousing the current museum into a brand-new building that is large enough to display some of the two-time Formula One World Champion's cars.
The new museum is expected to open in 2018 to tie in with the 50th anniversary of Clark's death at Hockenheim.
"I am delighted that the Council has confirmed its financial commitment to this project, which the Council and Jim Clark Trust have been working in partnership to make a reality," said councillor Vicky Davidson, the Council's executive member for Culture, Sport, Youth and Communities.
"The existing trophy room is a popular visitor attraction in its own right, but what will be created really befits the incredible achievements of this adopted Borderer and unassuming Berwickshire farmer.
"The new museum will give us space to display some of Jim Clark's actual race cars along with his trophies and will put the museum up there with Scotland's foremost visitor attractions."
Doug Niven, from the Jim Clark Trust said: "Being able to display some of Jim's cars in an expanded museum in Duns has been a long-held dream of many people, and this commitment from the Council takes us a lot closer to seeing that achieved."