diff --git a/packages/grafana-ui/src/components/Select/SelectPerf.story.internal.tsx b/packages/grafana-ui/src/components/Select/SelectPerf.story.internal.tsx
new file mode 100644
index 00000000000..10ae0a65769
--- /dev/null
+++ b/packages/grafana-ui/src/components/Select/SelectPerf.story.internal.tsx
@@ -0,0 +1,71 @@
+import { Meta } from '@storybook/react';
+import React, { useMemo } from 'react';
+import ReactSelect, { createFilter } from 'react-select';
+
+import { SelectableValue } from '@grafana/data';
+
+import { withCenteredStory, withHorizontallyCenteredStory } from '../../utils/storybook/withCenteredStory';
+import { Label } from '../Forms/Label';
+
+import { Select, VirtualizedSelect } from './Select';
+
+const meta: Meta = {
+  title: 'Forms/Select (Perf)',
+  decorators: [withCenteredStory, withHorizontallyCenteredStory],
+  argTypes: {
+    numberOfOptions: {
+      defaultValue: 10_000,
+      control: { type: 'number' },
+    },
+  },
+};
+
+export default meta;
+
+const _customFilter = createFilter({ ignoreAccents: false });
+function customFilter(opt: SelectableValue, searchQuery: string) {
+  return _customFilter(
+    {
+      label: opt.label ?? '',
+      value: opt.value ?? '',
+      data: {},
+    },
+    searchQuery
+  );
+}
+
+export function PerformanceScenarios({ numberOfOptions }: { numberOfOptions: number }) {
+  const options = useMemo(() => {
+    const opts: SelectableValue[] = [];
+    const ALPHABET = 'qwertyuiopasdfghjklzxcvbnm'.split('');
+
+    for (let index = 0; index < numberOfOptions; index++) {
+      const letter = ALPHABET[index % ALPHABET.length];
+      opts.push({ label: letter + '-' + index, value: letter + '-' + index });
+    }
+
+    return opts;
+  }, [numberOfOptions]);
+
+  return (
+    <div>
+      <Label>Virtual:</Label>
+      <VirtualizedSelect options={options} onChange={() => {}} />
+      <br />
+
+      <Label>Virtual with ignoreAccents false:</Label>
+      <VirtualizedSelect filterOption={customFilter} options={options} onChange={() => {}} />
+      <br />
+
+      <Label>Normal:</Label>
+      <Select options={options} onChange={() => {}} />
+      <br />
+
+      <Label>Standard react-select</Label>
+      <ReactSelect options={options} onChange={() => {}} />
+      <br />
+
+      <p>Rendered with {options.length.toLocaleString()} options</p>
+    </div>
+  );
+}