Talk:lap of honor

lap of honor is simply the final lap which decides your victory or defeat

All major dictionaries disagree with you. Here are definitions for "lap of honour" from onelook.com:

Oxford: A celebratory circuit of a sports field or track by the person or team that has won a contest.

Collins: a ceremonial circuit of a racing track, etc, by the winner of a race

Cambridge: a run around a track or sports field that is made by a winner of a race or a team that has won a game

dictionary.com: a ceremonial circuit of a racing track, etc, by the winner of a race