Each year HKC holds the Josh O'Malley Memorial Cup during its April meeting in his honour.

Josh was a Rye House stalwart, national kart champion and motorsport entrepreneur, In 2012, at just the age of twenty eight, Josh lost his battle for life against childhood cancer in 2012. He is a legend at the track and his motto “Live Life to the Full” has been adopted by his many friends and fellow competitors including Cadets who never had the opportunity of meeting him who all turned out at this meeting to race in his honour.

Inaugurated in 2012 the holders of the perpetual trophy in each class have been:
2012201320142015Meeting Lap Record Holders
Honda CadetRichard CrispEvan CookGeorgi DimitrovJosh SteedRyan Gillespie 201241.07
Honda ClubmanRyan SandsJake YilmazBilly StylesLouis WestoverLouis Westover201542.26
MinimaxMax ClarkeRyan GillespieTimothy AmadiDanny HarrisonLewis Kent201236.72
Rotax JuniorWilliam FletcherHarry HoldbrookInem CokerJordan BrownWilliam Fletcher201235.70
Rotax SeniorLiam FergusonDerek MorganLiam FergusonLiam FergusonLiam Ferguson201235.01
Rotax 177Adam SadlerMark PalmerScott CleeScott CleeAdam Sadler201235.51