Olympic Park to be named after the Queen when London Games end

The 500-acre site in Stratford, east London, where the 2012 Games will be staged, will include the showpiece Olympic Stadium, plus about four miles of waterways, extensive parkland and facilities left from the Games, including a velodrome.

Mr Johnson said: "These things will make the Queen Elizabeth Olympic Park an astounding and an interesting place to visit."

The new name will come into effect when the park reopens in 2013 after the Games. It has already been approved by the Queen, the British Olympic Association (BOA) and the International Olympic Committee (IOC).

The chairman of the Olympic Park Legacy Company , Baroness Ford, in charge of deciding the future of the venue, said: "The strength of the values, heritage and power of the royal and Olympic associations fit with our ambition for the park.

"We are creating a new piece of London with family neighbourhoods, open space and events, inspired by the 2012 venues that surround them.

"It will bring together the best of London in one place and will be one of the United Kingdom's premier visitor attractions."

Culture Secretary Jeremy Hunt said: "It is a great honour that Her Majesty has given her consent to the name."