checkered flag

noun (in automobile racing)
1.
a flag having a pattern of black and white squares, used to signal that a car has crossed the finish line and completed its race.
2.
this signal indicating the first car to cross the finish line or the winner.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Dictionary.com's 21st Century Lexicon
Main Entry:  checkered flag1
Part of Speech:  n
Definition:  in auto racing, a black-and-white checked flag that signals drivers that they have finished the race
Main Entry:  checkered flag2
Part of Speech:  n
Definition:  victory in a race
Dictionary.com's 21st Century Lexicon
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Example sentences
Tiny engages in several racing events but doesn't take the checkered flag in any of them.
The checkered flag is in sight, but the race isn't quite over yet.
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