Michelle Payne knew Prince of Penzance would transform her into a Melbourne Cup princess.

Country Victorian trainer Darren Weir thought the equal rank outsider had a realistic chance of finishing in the top 10, but his jockey was more hopeful.

“I had a feeling we were going to win the Melbourne Cup and I told Darren that and he laughed,” Payne said.

Melbourne Cup

Melbourne Cup

Payne fought hard to become the first female jockey to win the Cup.

She confesses she drove Weir mad to keep the ride – saddling up for 23 of Prince of Penzance’s 24 starts – as some of the owners wavered at times.

Despite her winning premonition, Payne could not believe it when she went over the line in the 155th running of the Cup.

“You don’t need to have all the money in the world to win the greatest race in Australia and nearly the world,” Payne said.

“This horse is $50,000 and he won a $6 million race.

“That’s what racing’s about – anybody can compete and anybody can win the big races.”

Ballarat-based Weir was also pinching himself after winning his first Cup.

“It’s just an amazing feeling and an absolute dream come true.”

Was he happy an Australian trainer won the Cup given internationally-trained horses have taken it six times, mostly in the last decade?

“I’m happy it’s remained in my hands anyway,” the former horse breaker and farrier quipped.

“If it wasn’t me I’d hope that it was someone else in Victoria or even in Australia that could win the Cup.

“To be able to compete with those people is great … you’ve got to have a lot of luck and we’ve had a bit of luck.”

Just as Payne struggled to get to the top in the male-dominated sport, Prince of Penzance has faced his own battles: two joint operations and major surgery for a twisted bowel caused by colic.

“He’s been through the wars,” Weir said.

“To think that he’d get back to this sort of level is amazing and a great feat for the horse.”

It was a dream come true for Prince of Penzance’s many owners, led by Sandy McGregor and John Richards.

“It’s a Melbourne Cup for the true believers, this one,” managing owner McGregor said.

Mark Hall, one of the 50 or more part-owners in the syndicate that owns half of the six-year-old, said it was a fairytale from the start.

“He wasn’t given a chance, 100-1 and he’s come out on top. What a story, fantastic.”

But while the dreams of all those connected with Prince of Penzance came true, another Melbourne Cup fairytale story ended before the crowd of 101,105 at Flemington.

Three-time runner-up Red Cadeaux has run his last race after suffering a leg injury during his fifth attempt at the Melbourne Cup.

 
*Existing customers only. 2nd Racing bet. Excl SA & WA. T’s & C’s apply. Gamble responsibly.
Think. Is this a bet you really want to place?
Set a deposit limit.
Featured News

FREE BETS – Claim $1000’s in Bonus Bets at the TOP Betting Sites

We take a look at the BIGGEST and BEST Free Daily Racing Offers and Betting Promotions from Australia’s leading online...

Melbourne Cup 2026 Horses, Tips, Field, Winners, Odds & Ultimate Betting Preview

The 2026 Melbourne Cup final declarations are in, with a full complement of 24 seasoned stayers confirmed to contest the...

Melbourne Cup day Horse Racing Tips and Best Bets – Flemington races Tuesday 3/11/2026

Melbourne Cup day Week at Flemington continues this Saturday, headlined by the race that stops a nation, the Melbourne Cup...

Melbourne Cup Field, Barriers & Odds – 2026

View the Final Field and Barriers for the 2026 Melbourne Cup. The Melbourne Cup will be run on Tuesday, 3...

Australia's Best Betting Sites

New Betting Sites Australia + Top List Bookmaker Apps $$$

Betting in Australia has never been more popular thanks to a large increase in new betting Agencies and Apps available...

Australian Bookmaker Reviews – Online Bookie Ratings $$

Which bookmaker should you bet with? We Review each of the leading online Australian Bookmakers and rate them in order...

Top 10 – Funniest Race Horse Names

Horse racing. Known as the ‘Sport Of Kings’, an industry worth billions, a very serious business…but to some, it’s a...

Melbourne Cup

The Melbourne Cup always approaches fast, with the 2026 edition commencing at 3pm, Tuesday 4th November. The race that stops...

 
 
Think. Is this a bet you really want to place?
For free and confidential support call 1800 858 858 or visit gamblinghelponline.org.au