Mr Grace describes his day job as a livestock director for Wellington-based meat processing exporter Taylor Preston, but his passion has always been with racing and his local community.
"I was the last person to expect an honour like this, I promise you that," Mr Grace said modestly yesterday.
"Hunterville is a wonderful little community that needs to be supported and my wife Susanna and I have been more than happy to serve that community.
"In fact, Susanna has probably done more in the community than me - we make a good team, though."
His prolific racing interests extend to sponsorship, breeding and racing thoroughbreds and he was rewarded when arguably his best ever galloper Graphic won the Group One Wellington Cup in January this year.
He races the horse with his wife and it is a descendant of the first horse they raced 50 years ago. "I bred Graphic who is an eighth generation descendant of Hakawai, who until Graphic came along, was the best horse I ever raced."
Mr Grace said he intended to continue serving the Hunterville community and follow his passion for racing until he was no longer able.