A cover version by the English heavy metal band Motörhead was released as a single in 2000 to promote their album, We Are Motörhead. The cover art gives further reference to the Sex Pistols by using the same cut-out words to form the title as the Sex Pistols’ single cover. A performance of the song recorded during the band’s twenty-fifth anniversary concert at Brixton Academy, on 22 October 2000, appears on their 25 & Alive Boneshaker DVD.
[via Ian Atkins on Google+]

check out the 2012 REMIX!!! God Save Her Majesty!!!! http://soundcloud.com/flapsandwich/sexpistols
Lemmy is always good company:
http://www.youtube.com/watch?v=VnJ7hmhjPQA
Jon