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The 165th champion of the ‘Race That Stops a Nation’ has been crowned with the Group 1 $10 million Lexus Melbourne Cup (3200m) going the way of Jamie Melham, who became just the second woman to win on the first Tuesday in November aboard Half Yours.

A decade after Michelle Payne created history winning the Cup aboard Prince Of Penzance in 2015, Melham picked her way through the field after receiving all the favours along the rail, storming the line late for a comfortable three-length victory with several of the top international raiders dropping out.
Early on, Arapaho sped out to lead before Royal Supremacy took over. The field was packed tight early, with only Changingoftheguard settling towards the outside part of the straight and eventually shifting across.
Buckaroo, who was fancied coming off some solid place efforts at Group 1 level leading in, was last to run past the post the first time around, while Valiant King and favourite Presage Nocturne settled side by side with Smokin’ Romans in fourth.
A bold move mid-race from Joao Moreira saw Land Legend round the field to lead by as many as nine lengths at the 1000m mark, but the field quickly caught up with all eyes on Middle Earth, who found the front at the top of the straight.
Ciaron Maher’s stayer held on for third in the end, with surprise place-getter Goodie Two Shoes running on strongly for second.
Half Yours, who got out to $9.00 before the jump, had history in his sights, hoping to become the 13th horse to complete the Spring Cups double after claiming the Caulfield Cup three weeks prior in a similar late dash for the line.
“This is what we do it for. We get up at 4am and work our asses off. It’s tough, it’s not all glorious and perfect as everyone can see sometimes,” Melham told Channel 9 right after the race.
“I’ve had an amazing year, got married, had some really great days on the track. But nothing ever compares to this feeling I’m feeling.”
Melham was aboard Half Yours when they combined to win the Caulfield Cup, and she’ll look to add further silverware to he mantlepiece on Thursday when she saddles Ethereum Girl in the Crown Oaks.
Of the internationals, River Of Stars was among the best to finish off, beaten only 4.75 lengths fourth.
Last start Geelong Cup winner Torranzino loomed at the top of the straight but dropped back to to fifth, while Vauban – who appeared much more settled in the mounting yard – ran an improved race to finish sixth.
Top weight Al Riffa was next to greet the judge, while there was no luck for Buckaroo, who never made up any ground and was last past the post the second time around.
2025 Melbourne Cup Results
Melbourne Cup 2025 Results
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1st
14. Half Yours (8)
J: Jamie Melham 53kg
T: Tony & Calvin McEvoy |
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2nd
20. Goodie Two Shoes (20)
J: W M Lordan 51.5kg
T: Joseph O'Brien |
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3rd
7. Middle Earth (13)
J: Ethan Brown 54.5kg
T: Ciaron Maher |
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4th
21. River Of Stars (14)
J: Beau Mertens 51.5kg
T: Chris Waller |
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5th
23. Torranzino (18)
J: Celine Gaudray 51kg
T: Paul Preusker |
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6th
4. Vauban (2)
J: Blake Shinn 56.5kg
T: Gai Waterhouse & Adrian Bott |
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7th
1. Al Riffa (19)
J: Mark Zahra 59kg
T: Joseph O'Brien |
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8th
9. Absurde (4)
J: Kerrin McEvoy 53.5kg
T: Willie Mullins |
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9th
13. Changingoftheguard (24)
J: Tim Clark 53kg
T: Kris Lees |
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10th
8. Meydaan (22)
J: James McDonald 54kg
T: Simon & Ed Crisford |
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11th
17. Furthur (7)
J: Michael Dee 52kg
T: Andrew Balding |
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12th
3. Arapaho (15)
J: Rachel King 56.5kg
T: Bjorn Baker |
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13th
10. Flatten The Curve (17)
J: Thore Hammer-Hansen 53.5kg
T: Henk Grewe |
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14th
12. Smokin' Romans (11)
J: Ben Melham 53.5kg
T: Ciaron Maher |
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15th
22. Royal Supremacy (21)
J: Robbie Dolan 51kg
T: Ciaron Maher |
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16th
24. Valiant King (10)
J: Jye McNeil 51kg
T: Chris Waller |
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18th
15. More Felons (23)
J: Tommy Berry 53kg
T: Chris Waller |
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19th
6. Presage Nocturne (9)
J: Stephane Pasquier 55.5kg
T: Alessandro Botti |
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20th
18. Parchment Party (3)
J: John R Velazquez 52kg
T: William I Mott |
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21st
19. Athabascan (1)
J: Declan Bates 51.5kg
T: John O'Shea & Tom Charlton |
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22nd
11. Land Legend (16)
J: Joao Moreira 53.5kg
T: Chris Waller |
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23rd
5. Chevalier Rose (5)
J: Damian Lane 55.5kg
T: Hisashi Shimizu |
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24th
2. Buckaroo (12)
J: Craig Williams 57kg
T: Chris Waller |
