Queen Victoria Building be established here." In 1897, the Council resolved to "dedicate the new market buildings", then still under construction, to Queen Victoria and to name them The Queen Victoria Market Buildings in commemoration of her Diamond Jubilee: The Councillors decided not to ask for the Queen's assent, in part because it would have made it "necessary to have the Royal Coat of Arms on the building". After the markets originally held in the building were relocated in 1910, the name was amended in 1918 to "Queen Victoria Buildings". Finally, in 1987, the Council rescinded the 1918 resolution and named it the
Diamond Jubilee Stakes 19th century. The present system of race grading was introduced in 1971, and the Cork and Orrery Stakes was initially classed at Group 3 level. It was promoted to Group 2 status in 1998. The race was renamed to commemorate the Golden Jubilee of Queen Elizabeth II in 2002. From this point it held Group 1 status. In 2012 the race was given its current name, Diamond Jubilee Stakes, to commemorate the Diamond Jubilee of Queen Elizabeth II The Diamond Jubilee Stakes became part of a new international race series, the Global Sprint Challenge, in 2005. In 2013 it was