Chappell was inducted into the Sport Australia Hall of Fame in 1986, the FICA Cricket Hall of Fame in 2000 and the Australian Cricket Hall of Fame in 2003. Two new grandstands at the Adelaide Oval were named the Chappell Stands; at the dedication ceremony in 2003, the SACA president Ian McLachlan called the Chappells, "the most famous cricketing family in South Australia". In 2004, the Chappell family was again honoured with the creation of the Chappell–Hadlee Trophy, an annual series of ODI matches played between Australia and New Zealand.