That flag is waved when the winner crosses the line.
The checkered flag is the signal of the end of the race. When the flag is raised it alerts the drivers that the last lap is starting, when it is being waved the first car to cross the finish line is the winner.
A blue flag is waved to inform you that a faster car is coming up to lap you.
Black Flag.
Satanic Red
They wave the checkered flag.
Nothing. It just waved!
Liaqat Ali Khan
A flag that is often waved in the wind is the national flag of a country. It typically represents the identity, values, and pride of a nation.
Emilio Aguinaldo
In motor racing a red flag means that conditions are unsafe and cars should either proceed to the pit road, or stop at a specific location.Other sports may have other meanings attached to a red flag.
The Green flag is usually waved when race starts and when race is back on when security car leaves the track