The Melbourne Cup Horse Racing is Australia's major annual thoroughbred horse race. Billed as The race that stops a nation , it is for three-year-olds and over, and covers a distance of 3,200 metres. The Melbourne Cup Horse Racing is generally regarded as the most prestigious "two-mile" handicap in the world. The event is held on the first Tuesday in November by the Victoria Racing Club, on the Flemington Race course, in Melbourne. This day is a Public Holiday for Melbourne and the surrounding suburbs.
The Melbourne Cup Horse Racing was originally held over two miles (about 3,218 metres) but following preparation for Australia's adoption of the metric system in the 1970s, the current race distance of 3,200 metres was established in 1972. This reduced the distance by 61ft 6in, 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.