Possible Clues:

• Prize in harbour recalled happily after vacation
• Award for victory
• Symbol of victory Parliament put back in old city
• America's Cup, e.g
• Stanley Cup, e.g
• It's equivalent to a cup
• Work hard in Test to win prize
• Knocks back drink - it's a reserved type that needs no introduction in The Laurels?
• Work hard in effort to get prize
• Heisman, e.g