subject: The Melbourne Cup 2010 [print this page] There is only once race that stops a nation in Australia, and that is the Melbourne Cup. Young and old, those with jobs and those without; from the Prime Minister of the country to the average Joe, people are glued to the TV sets or on a race course around Australia for the Melbourne Cup 2010.
The horse race has been held since 1861 in Melbourne and has since changed and adapted to help improve the race. Some of the changes include modifying the distance of the race, how the handicap system works, and acceptance of international competitors.
The exciting thing for the competitors is the prize money. There will be 6 million (AUD) in prize money to be given away. The winner will receive a $3.3 million. But who gets this money? Commonly the money is divided at a ratio of 85% will be going to a very happy owner of the horse, 10% to the trainer of the horse and 5% to the jockey.
The Melbourne Cup is one of the biggest prize money sporting events. In fact, in 1985 this event had become the first race with prize money of $1 million. Such a big event that the Prince and Princes of Wales (Charles and Diana) were there - as well as some other notables.
As mentioned in the opening line, this is the race that stops a nation, and to prove it, Melbourne has a public holiday. Recently the Australian Capital Territory also followed suit to its employees.
The race is held by the Victoria Racing Club on the Flemington Race course. There is usually a huge attendance at the event. In 2009 there were 102,000 people and in 2008, 207,000 people attended. It's safe to say that the Melbourne Cup attracts a lot of people.
Going to the Melbourne Cup is not cheap. An adult pays $70 per ticket, and student concessions get in for $58. This is of course, only for general admission.
If you want to go in luxury, the prices go up to almost $300 a ticket. If you are planning on attending, you need to be prepared to spend a little money.
The Melbourne Cup is truly a spectacular race that cannot be explained by words. You must feel the energy from the race itself. There is no better way to get a taste of Australia in one day.
