Elton's new version of 1969 classic Your Song stormed into the UK charts at number 4 on July 21, 2002.
The new version, featuring opera singer Alessandro Safina, is a fundraiser for the charity Sport Relief.
And it is not the only reworking in the UK singles charts. Still at No. 2 was a techno-pop reworking of 1970s icons Supertramp. Scooter's cover of The Logical Song.
Gareth Gates has held on to the No. 1 spot for a second week. Gates last week knocked off number one a reworking of an Elvis Presley song with his Anyone Of Us (Stupid Mistake). The remix of Elvis' A Little Less Conversation by Dutch DJ JXL had held the top slot for four weeks.