The youngest horse in the race, Rekindling, has won this year's Melbourne Cup at Flemington Racecourse.
The four-year-old stallion from Great Britain, trained by 24-year-old Joseph O'Brien, started from barrier four and edged out Johannes Vermeer and Max Dynamite on Tuesday.
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It is the second Melbourne Cup win by jockey Corey Brown who rode Shocking in 2009.
"I'm lost for words, I just can't believe I've done it again," Brown told Channel 7 post-race.
"It's so special, I've got the family down here me with me, the girls are old enough to come to the races and enjoy it."
Winning owner Lloyd Williams said it was a dream come true.
"Terribly excited, I can't put into words," Mr Williams said.
O'Brien is the son of champion trainer Aidan O'Brien who trained second place-getter Johannes Vermeer.
Max Dynamite, runner-up in 2015, ran bravely for trainer Willie Mullins to finish in the placings again.
The Irish trio were part of an 11-horse overseas contingent taking their place in the Melbourne Cup field.
Big Duke was the first Australian-trained horse across the line, who finished fourth, and pre-race favourite Marmelo came in ninth.
O'Brien immediately made a telephone call to his father, Aidan, who was not at Flemington because of Breeders' Cup commitments in America.

Corey Brown riding Rekindling celebrates as he returns to scale after winning the 2017 Melbourne Cup (Getty Images) Source: Getty Images
"I rang him, he is delighted. Unbelievable," the former jockey said.
"I'm just so thankful to Lloyd and to Nick (Williams).
"They suggested to bring him down and that he'd have a good chance in the race and his prep went really good, and Corey gave him an unbelievable ride.
"And I'm just so delighted for everyone and all the lads at home and the lads that are down here with him have done an unbelievable job."
Williams, who is also part-owner of Johannes Vermeer, had an association with six Melbourne Cup runners.
- With AAP