The AUD6.2 million Melbourne Cup, described as The Race that Stops a Nation, is run on the first Tuesday in November.
Reflecting the growing significance of the race, in 1877, the State Governor declared a public holiday for metropolitan Melbourne. This was extended to the state of Victoria in 2008.
More than 3 million Australians and an estimated 700 million people in 120 countries watch the Race that draws socialites, politicians and the rich and famous from Australia and around the world.
The Melbourne Cup is famous for its Fashions on the Field which was introduced in 1962 to encourage more female racegoers.
American writer, Mark Twain summed up the vibe in 1895 when he remarked, “Nowhere in the world have I encountered a festival of people that has such a magnificent appeal to the whole nation. The (Melbourne) Cup astonishes me.”
In 2014, the Year of the Horse, AusCham introduced the Saigon Cup.
This year, with the full blessing of the Victorian Racing Club, AusCham transforms the Saigon Cup into the Saigon Melbourne Cup Carnival Dinner 2015.
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