After the last 18 months that Victoria have been through, enduring the longest Covid lockdown in the world, they deserve a little fun - and the Melbourne Cup could be the perfect way to celebrate their freedom.
And while it might be 'the race that stops the nation', it's the fashion at the Melbourne Cup that we're really here for, so here are some of the best looks of the day.
Candice Warner, who is celebrating from Sydney, looked incredible in a red one-shouldered figure-hugging midi dress with a matching oversized wide-brimmed hat.
You couldn't miss Delta Goodrem on the day, with the star wearing a bright yellow and pink jumpsuit which featured a large pink bow. She matched her ensemble with an oversized pink hat. She later had a costume change into a bright orange dress while performing at the event.
Studio 10's Sarah Harris also looked gorgeous in a red figure-hugging dress and matching fascinator as she posed with co-host Tristan McManus, who looked handsome in a three-piece blue pinstripe suit.
Georgia Love and husband Lee Elliott didn't appear to be at an official event but dressed for the occasion with the former Bachelorette wearing a strapless black, white and red patterned dress with matching headband. Lee opted shorts and a matching blazer and a blue and white striped shirt.
Celeb stylist Donny Galella shared a video of Aussie actress Kristy Wordsworth wearing a stunning purple, blue and red mini-dress with puffed sleeves and a matching red fascinator.
Channel Ten presenter Natalie Hunter looked chic in a Dolce and Gabbana patterned dress and red hat from Melissa Jackson.
TV presenter Amelia Mulcahy chose a pale blue midi dress with puffed shoulders that showed off her waist and accessorised with a simple beaded headpiece and clutch.
Love Island Australia star Tayla Damir looked beautiful in her printed dress and matching fascinator.
Melissa Leong looked glam with a black midi dress and bright pink shrug and black and pink headband.
The Morning Show's Kylie Gillies chose a pale blue Scanlan Theodore mini dress with fluffy read heels.
Kris Smith looked great in a blue and white outfit featuring a striped blazer, white pants and a blue and pink spotted tie.
Michelle Payne, the only female jockey to win the Melbourne Cup, went for a bold look with a green halter-neck dress with a statement headpiece.
Angela Bishop looked great in a Zimmermann dress, Louboutin shoes and a Ford Millinery headpiece.
Former MAFS star Kerry Knight went for a white mini dress with long sleeves and an oversized wide-brimmed hat, she was pictured with Awesim founder Laura Williams who also wore white with pants and a long sleeved shirt and headband.
Model Erin Holland turned heads in this showstopping green dress by Khirzad Femme.
She accessorised with a statement black hat by Stacey Hemera Roberts, a Valentino clutch bag and a pair of strappy Tony Bianco shoes.
Racing royalty Kate Waterhouse posed up a storm at Sydney's Crown, taking to Instagram to say "This year's Melbourne Cup looks a little different celebrating with friends in Sydney."
Kate looked stunning in a plunging black Versace dress, bright pink bow from Nerida Winter, a green Bottega Veneta bag and a pair of black pointy Louboutin heels.
Olivia Rogers, former Miss Universe Australia, stunned in a full-length yellow dress with a beaded collar and red headband and matching red handbag.
Channel Ten weather presenter Kate Freebairn braved the heat with a light purple asymmetrical dress featuring one long sleeve and a matching fascinator.
Rob Mills was one of the first to arrive and looked dapper in his brown three-piece suit with a blue printed tie.
AFL star Christian Petracca kept things simple with a blue suit.
Ten presenter Caty Price wore a purple asymmetrical Rachel Gilbert dress and a gold headpiece.
Jessica Rowe got all dressed up in her Sydney home in a white spaghetti strap dress for the occasion.
The TV star said she was celebrating to “honour my Victorian pals who are seeing life open up again”.
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