Melbourne Cup Carnival 2025 Preview - Dates, Top Horses & Trainers
The 2025 Melbourne Cup Carnival, Australia’s premier flat racing event, will run at Flemington Racecourse from November 1 to 8. Key races include Victoria Derby Day, Melbourne Cup Day, VRC Oaks, and the Champions Stakes Day. Anticipated contenders for the Melbourne Cup include Sir Delius, Al Riffa, Vauban, and Scandinavia. Leading trainers such as Chris Waller, Sheila Laxon, and Gai Waterhouse & Adrian Bott headline the event, with deep stables and international entrants vying for victory. The Carnival blends rich tradition, elite competition, and high stakes.
- Melbourne Cup Carnival runs November 1-8, 2025 at Flemington
- Top horses include Sir Delius, Vauban, and Queen Of Clubs among others
- Leading trainers: Chris Waller, Sheila Laxon, Gai Waterhouse & Adrian Bott
The Australian flat racing season culminates with the thrilling Melbourne Cup Carnival, staged at Flemington during November.
The Melbourne Cup Carnival remains the pinnacle of Australian racing, combining tradition, glamour and world-class sport at Flemington Racecourse. At its heart sits the Lexus Melbourne Cup - Australia’s most famous races and one of the world's most lucrative handicaps.
Here's our preview of the 2025 Melbourne Cup Carnival.
Melbourne Cup Carnival Dates
The 2025 Melbourne Cup Carnival spans from Saturday, 1st November to Saturday, 8th November at Flemington racecourse.
The action begins with Victoria Derby Day on November st, featuring the Group 1 Victoria Derby over 2,500 metres - a key test for the countries top three-year-olds.
The spotlight then shifts to Melbourne Cup Day on Tuesday, 4 November. “The race that stops a nation” is a gruelling test of stamina, attracting the very best two milers from all corners of the globe.
Two days later, on Thursday, 6 November, attention turns to the VRC Oaks - a 2,500-metre feature for three-year-old fillies, staged on a day renowned for both racing and fashion. The carnival concludes on Champions Stakes Day, Saturday 8 November, where three Group 1 contests — the Champions Stakes, Champions Mile and Champions Sprint — bring the curtain down on a spectacular week.
Top Horses
This year’s Melbourne Cup build-up is already generating excitement with a mix of home-grown stars and international challengers.
Sir Delius has risen to the head of the early Melbourne Cup betting, with his staying credentials marking him as a horse well suited to the 3,200-metre test at Flemington. Joseph O'Brien will be represented by Group One winner Al Riffa, while his father, Aidan O'Brien, has handed an entry to Goodwood Cup winner Scandinavia.
Vauban is one of the most anticipated challengers, after he was purchased for a seven-figure sum and specifically targeted at Flemington by Gai Waterhouse and Adrian Bott. Trinity College, Deakin and Aeliana are also in line for a tilt at the Cup.
Queen Of Clubs remains a leading contender for the VRC Oaks, before Joliestar and Jimmysstar clash in the Champions Sprint. Australian racing fans are already anticipating a fascinating showdown in the Champion Stakes, where superstar Via Sistina could clash with the emerging force that is Treasurethe Moment.

Leading Trainers
The training ranks in Australia are as competitive as the races themselves, with several high-profile figures preparing major contenders for the carnival.
Chris Waller heads the list with more than two dozen Melbourne Cup nominations, underlining the depth of his stable as he seeks to add to his 2021 Cup victory with Verry Elleegant.
Sheila Laxon, who made history as the first woman to train a Melbourne Cup winner, remains a prominent figure, having partnered with John Symons to win last year’s Cup with Knight’s Choice. Gai Waterhouse & Adrian Bott continue to combine tradition and innovation, targeting overseas talent like Vauban to challenge the local stayers.
And although the late Bart Cummings still holds the all-time record with twelve Cup wins, his legacy continues to serve as the benchmark for every trainer striving to succeed at Flemington.
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