Melbourne Cup Melbourne Cup The Melbourne Cup is Australia's most well known annual Thoroughbred horse race. It is a 3,200 metre race for three-year-olds and over, conducted by the Victoria Racing Club on the Flemington Racecourse in Melbourne, Victoria as 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 3pm on the first Tuesday in November and is known locally as "the race that stops a nation". The Melbourne Cup has a long tradition, with the first race held in 1861. It was originally
Horse racing wasn't until the 1920s that modern horse racing involving betting developed. The nation's first authorised club, the Chosun Racing Club, was established in 1922 and a year later, the pari-mutuel betting system was officially adopted for the first time. The Korean War disrupted the development of horse racing in the country, but after the Seoul Olympics in 1988, the Olympic Equestrian Park was converted into racing facilities named Seoul Race Park, which helped the sport to develop again. The big race in the UAE is the Dubai World Cup, a race with a purse of US$10 million, which was the