The Melbourne Cup is observed in Melbourne and some parts of the state of Victoria, Australia, on the first Tuesday of November. This major horse race, known as the “race that stops the nation,” has been held since 1861 and was initiated by Frederick Standish of the Victorian Turf Club. The inaugural race took place on November 7, 1861, featuring 17 horses and a prize of 710 gold sovereigns along with a gold watch. Since 1875, the event has consistently occurred on the first Tuesday of November. The Melbourne Cup is a public holiday in Melbourne, with federal public servants enjoying a holiday across the entire state. Many Australians and tourists watch the event, and it is common for citizens of Melbourne to attend and participate in betting. Notably, the cornflower is a symbol of the Melbourne Cup, with participants wearing blue cornflower buttonholes, while roses also play a significant role during the racing week.