In 1974 he became the first trainer in the British Commonwealth to train horses who won $1 million in prize money. In 1975, Cummings moved his operations to a new facility near Randwick Racecourse in Sydney, called 'Leilani Lodge'. In the late 1980s, Cummings spent millions of dollars purchasing racehorses, much of the money spent on behalf of a tax minimisation syndicate. Unfortunately, like many other trainers Cummings was hit hard by the recession of the early 1990s. With help from Reg Inglis' organisation, however, he avoided bankruptcy and continued training. Cummings had training facilities at Randwick (NSW) and Flemington(Vic) but in 2014 the Flemington stables closed and all horses and training moved to Randwick. Cummings had gone into virtual retirement at Princes his property at the foot of the Blue Mountains. Bart's grandson and partner, James made the decision for financial reasons. Cummings' final Melbourne Cup winner was Viewed in the 2008 race, when the horse beat Bauer in a photo finish. This was his 12th Melbourne Cup victory, on the 50th anniversary of the day when he entered his first Cup runner. Cummings achieved 246 Group 1 victories and more than 776 stakes victories. In addition to his 12 Melbourne Cups, he won the Caulfield Cup seven times, the Golden Slipper Stakes four times, the Cox Plate five times, the VRC Oaks nine times and the Newmarket Handicap eight times. He also won the Australian Cup thirteen times. Honours 1974 ABC Sportsman of the Year 1982 Made a Member of the Order of Australia for his services to the racing industry. 1991 11 December 1991, Cummings was inducted into the Sport Australia Hall of Fame. 1997 Named in National Trusts 100 Australian Living Legends (chosen by a national vote) 2000 Awarded a Centennial Medal and carried the Olympic Torch 2001 An inaugural inductee into the Australian Racing Hall of Fame . 2004 First licensed person to be made Lifetime member of Victoria Racing Club 2007 Australia Post placed his image on a postage stamp as part of its Australian Legends series. 2008 Racing NSW announced a new horse racing award to be known as The Bart Cummings Medal which will be awarded for 'consistent, outstanding performances amongst jockeys and trainers at New South Wales metropolitan race meetings through the racing season. Melbourne Cup winners In 1965, 1966, 1974, 1975, and 1991, Cummings trained both the first and second