This is a list of the winners of the Melbourne Cup. The Melbourne Cup is Australia's major thoroughbred horse race. It is run at Flemington Racecourse in Melbourne. Each year, internationally bred or owned horses compete in the race. Since 1882, New Zealand–bred horses have won 40 Melbourne Cups, British-bred horses five, American-bred horses four, Irish-bred horses four, German and French-bred horses two each, and Japanese-bred horses one. Winners The shortest-priced favourite in Cup history was Phar Lap when he won in 1930 at 8-11 ($1.72). Metrication – The race was originally held over two miles (about 3,218 metres), but following Australia's adoption of the Metric system in the 1970s the current distance of 3,200 metres was adopted in 1972. This reduced the distance by , and Rain Lover's 1968 race record of 3min.19.1sec was accordingly adjusted to 3min.17.9sec. The present record holder is the 1990 winner Kingston Rule with a time of 3min 16.3sec. Winners gallery 1934 racebook See also Victoria Racing Club Australian horse-racing Melbourne Spring Racing Carnival List of Melbourne Cup placings Notes Further reading External links Official website Australian horse racing lists Flemington Racecourse Melbourne sport-related lists Winners History of Melbourne 1861 establishments in Australia