Favorite Fiorente won the Melbourne Cup at Flemington Tuesday . The horse makes Gai ##man the first Australian female trainer to win the race . Victorious jockey Damien Oliver won the Flemington race for the third time in his career , despite only recently returning from a 10-month ban imposed for betting on a rival horse in 2010 . Fiorente beat off competition from 2011 runner - up , Cadeaux . Ex - footballer Michael Owen 's colt Brown Panther finished eighth .
Favorite Fiorente won the Melbourne Cup at Flemington Tuesday . The horse makes Gai ##man the first Australian female trainer to win the race . Fiorente beat off competition from 2011 runner - up , Cadeaux . Ex - footballer Michael Owen 's colt Brown Panther finished eighth .