The family of Sir Jack Brabham has accepted the Queensland government’s offer of a state funeral.

The three-time Formula One world champion died at his Gold Coast home on Monday, aged 88.

One of Australia’s greatest sportsmen, Brabham was originally from NSW but lived in Queensland for almost 20 years.

Queensland Premier Campbell Newman told parliament Brabham was a giant in his sport.

“Like the name Bradman in cricket, or Phar Lap in horse racing, the name of Brabham and motorsport are synonymous,” Mr Newman said as he announced a state funeral.

Brabham’s widow Lady Margaret said the family was delighted by the offer and would meet with Queensland government officials this week to confirm a date and other arrangements.

With two of Brabham’s three sons based in the United States and England, the funeral may not be held until next week at the earliest to give them time to travel back to Australia.

“I’m sure he would be so proud and it is an absolute fitting gesture for him. He deserves it,” Lady Margaret told motorsports website Speedcafe.com.

“He is so admired and loved by everybody. He did such a wonderful thing and what he achieved will never be done again.”