It is run at Ascot over a distance of 6 furlongs (1,207 metres), and it is scheduled to take place each year in June.
The present system of race grading was introduced in 1971, and the Cork and Orrery Stakes was initially classed at Group 3 level.
In 2023 the race was given its present title, to honour the memory of the Queen and retain the connection with the three jubilees celebrated since 2002.
[1] The Platinum Jubilee Stakes became part of a new international race series, the Global Sprint Challenge, in 2005.
It was restricted to four-year-olds and up when a new six furlong Group One race, the Commonwealth Cup, was created at the meeting for three-year-olds only in 2015.