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Cross Counter's Melbourne Cup victory is the first by an English horse while it also ended the Godolphin stable and owner Sheikh Mohammed bin Rashid Al Maktoum's long quest to win the "race that stops a nation".

"The Melbourne Cup is much more than just a horse race, it's a 158 year old social and cultural tradition that brings Australia and New Zealand to a standstill", says Racing Board chief executive John Allen.

"Today's tragedy is a stark reminder of the risks these horses face every time they run, and highlights that behind the gloss and glamour of Cup celebrations there is a dark reality".

The Cliffsofmoher's jockey Ryan Moore looks dejected as he walks off the track, while Cross Counter's win in the Melbourne Cup plays on the big screen behind him.

The Cliffsofmoher was euthanised on the track after fracturing his shoulder early in the Melbourne Cup.

The second placing was also the closest Australia's premier Group One jockey Hugh Bowman has come to winning the Melbourne Cup.

"I'm just lucky I can ride light and he's been unbelievably well prepared by Charlie Appleby".

Fellowes, who hopes to become the first British trainer to win the Melbourne Cup, described the parade experience as unbelievable.

Cross Counter's victory added another feather to Appleby's cap with the trainer having sent out Masar to win the Derby at Epsom back in June in the blue silks of Godolphin.

A year ago it was reported his efforts to win the Cup, combined with other racing operations Down Under, had set him back $1.1 billion.

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The Russian Defense ministry acknowledged the incident, insisting, however, that the Su-27 kept a safe distance from the EP-3. While the Russian military is within its right to exercise within worldwide airspace, this interaction was irresponsible.

"He loves fast ground", O'Brien said, "the better the ground, the better his chances".

"For me it's obviously very special to be here, but for the team, it's just fantastic".

English trainer Charlie Fellowes says he feels like a victor after A Prince Of Arran finished in third place behind Cross Counter in the Melbourne Cup.

"We'll formulate a plan in the new year", Appleby said.

"I was delighted what I saw and more so after I'd spoken to Kerrin". Now in its second year, the world's richest turf race was won for a second straight time by Redzel.

Flamboyant British billionaire racehorse owner Dr Marwan Koukash has an extra incentive to win this year's Melbourne Cup: he desperately wants to accept the trophy in his G-string.

So important is the race that it is a public holiday in the state where it is held - Victoria - although it has not enjoyed its usual central focus during the annual spring carnival this year.

A deluge of rain has seen the Flemington track downgraded numerous times, which begs the question: has the Melbourne Cup ever been cancelled?

Ahead of the Bumble Stakes warm-up race, jockey Beau Mertens said the conditions were "crazy" and that visibility was severely limited by the downpour.