Melbourne Cup takes in cities around the world as part of the Victoria Racing Club’s strategy to promote the Melbourne Cup and the Melbourne Cup Carnival internationally. The Tour has visited schools and aged-care and hospital facilities, and participated in community events and celebrations including race days across Australia and New Zealand. Frederick Standish, member of the Victorian Turf Club and steward on the day of the first Cup, was credited with forming the idea to hold a horse race and calling it the "Melbourne Cup". Seventeen horses contested the first Melbourne Cup on Thursday 7 November 1861, racing for the modest
Melbourne Cup placed a bet on the race that year. In 2010 it was predicted that $183 million would be spent by 83,000 tourists during the Spring Racing Carnival. In New Zealand, the Melbourne Cup is the country's single biggest betting event, with carnival race-days held at several of the country's top tracks showing the cup live on big screens. It is commonly billed as "The race that stops a nation", but it is more accurately "The race that stops two nations", as many people in New Zealand, as well as Australia, pause to watch the race. Melbourne Cup The Melbourne Cup