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A panoramic view from the grandstand of Flemington Racecourse showing the oval track, infield, city skyline in the background, and a packed crowd of spectators on a cloudy day.
✓ 7NEWSSport & Play1 min read

Melbourne Cup 2026: race time, where to watch, and $10m prize breakdown

The 2026 Melbourne Cup runs at 3pm AEDT on Tuesday November 4 with a $10 million total prize pool and free-to-air broadcast.

The Melbourne Cup takes place at 3pm AEDT on Tuesday, November 4 at Flemington Racecourse. Watch free on racing channels 78 (metro) or 68 (regional), or stream on Racing.com.

The winner receives $4.5 million plus an 18-carat gold trophy worth around $250,000. The trainer gets 10% of the prize ($450,000) and the jockey claims 5% ($225,000).

Runner-up earns $1.1 million, third place $560,000. The total prize pool is more than $10 million.

The race is 3200 metres.

$10 million
Total prize pool
$4.5 million
Winner's cash
$250,000
Trophy value
3200 metres
Race distance

Why it mattersAustralia's most famous horse race is a public event anyone can watch free, with significant prize money on offer.

AustraliaAustralians can watch the Melbourne Cup live and free on Tuesday afternoon, a major national sporting event.

✓ Claims checked against the source and corrected before publish. checked 1 h ago

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