Melbourne Cup

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The Melbourne Cup is an annual Group 1 Thoroughbred horse race held in Melbourne, Australia, at the Flemington Racecourse. It is a 3200-metre race for three-year-olds and older, conducted by the Victoria Racing Club that forms part of the Melbourne Spring Racing Carnival. It is the richest two-mile handicap in the world and one of the richest turf races. The event starts at 3:00 pm on the first Tuesday of November and is known locally as "the race that stops the nation". The Melbourne Cup has cemented itself as a part of Melbourne and Australian culture, having been run every year since 1861. The day of the race has been a public holiday for much of Victoria since 1876. It was originally run over two mi (3.219 km) but was shortened to 3,200 m (1 mi 1,740 yd) in 1972 when Australia adopted the metric system. This reduced the distance by 18.688 m (61 ft 3+3⁄4 in), and Rain Lover's 1968 race record of 3:19.1 was accordingly adjusted to 3:17.9. The present record holder is the 1990 winner Kingston Rule with a time of 3:16.3.