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The Melbourne Cup, explained

AUSTRALASIA · TUESDAY 3 NOVEMBER 2026
Flemington, Melbourne. 3200 metres. $10 million.

Melbourne takes a public holiday for a horse race. The Melbourne Cup is two miles, 3200 metres, run on a Tuesday afternoon at Flemington, and it is the one race a year the whole country stops to watch.

It is a handicap: the better a horse’s record, the more weight it carries, which is meant to give every runner a chance. That is why big fields, outsiders who win and overseas raiders are part of the story most years.

The facts

  • When: Tuesday 3 November 2026
  • Where: Flemington, Melbourne
  • Distance: 3200 metres, about two miles
  • Prizemoney: $10 million, Australian dollars, the level set from 2025
  • Conditions: Group 1 handicap

How Turfling covers it

The Australasia brief follows the qualifying races and the ballot every morning. On Instagram we ask you to call the winner the day before and post the result the day after. Percentages and picks only, never odds.

Every brief on the Melbourne Cup

More big races: The Everest  ·  Cox Plate  ·  Breeders’ Cup  ·  New to racing