Tim Macrow has officially been crowned the 51st Australian drivers champion and recipient of the CAMS Gold Star following the Australian Motorsport awards in Melbourne.

CAMS President Colin Osborne presented the 23-year-old with the prestigious award at the annual awards function in front of a star-studded guest list that included Motorsport icons Vern Schuppan and Frank Gardner.

Macrow's name was added to the perpetual Australian Drivers Championship trophy and to a replica of the Gold Star that was presented to the driver.

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Macrow won four races in 2007 and won the championship by two points in the final round and admitted it still didn't feel like he was champion.

"It's still sinking in," he said. "It's been a fantastic season and the absolute highlight of my career. To win it the way we did, after starting the final race from fourth and needing to win, has just made it even better.

"To receive the Gold Star itself, and see my name on the perpetual Australian Drivers championship trophy with some of the very greats of our sport has been a humbling experience.

"I see my future in the United States; my test a few weeks ago was a very positive experience and I am doing everything I can to race there next year.

"It's very difficult to find the support and funding needed to achieve it but I know that If I can break into the US scene then there is a really good chance of succeeding and progressing to the top."