The event was first run during July 1961, as compensation to the British public for losing the rights to host the Speedway World Championship every year. The first final of the event was awarded to Harringay Stadium[3] by the Fédération Internationale de Motocyclisme but passed to Wimbledon permanently from 1962. The event was significant because it attracted entries from most of the world's leading riders. In 1961, there were ten qualifying events.[4]