Lifted title regularly to gain mark of honour (7)
I believe the answer is:
rosette
'mark of honour' is the definition.
(award for a winner)
'lifted title regularly' is the wordplay.
'lifted' becomes 'rose' (I've seen this before).
'regularly' indicates alternate letters (regularly take one letter, leave next etc.).
The alternating letters of 'title' are 'tte'.
'rose'+'tte'='ROSETTE'
'to gain' acts as a link.
(Other definitions for rosette that I've seen before include "Ribboned decoration" , "Ribbon in a cluster as an award" , "Party wear" , "Pattern" , "Colourful decoration worn by supporters" .)