Aussie owned racehorse Fiorente has won Australia's most expensive handicap.

The ex-Sir Michael Stoute horse, now trained by Gai Waterhouse, beat three European challengers to secure the female trainer her first win and make history by becoming the first female trainer to win the infamous race.  

Back in second was Red Cadeaux for the second time in three years, in third was Mount Athos, favourite for the race last year. This year, Mount Athos was ridden by Aussie Jockey Craig Williams and improved on its position of fifth from the year before to third in this year's renewal. 

In fourth place was Irish Raider Simenon ridden by Richard Hughes, the reigning Champion Jockey in Britain. Simenon last year did the long distance double at the Royal Ascot meeting in June.

Simenon was a late entry for this year's Melbourne Cup but outrun its price of 20/1 in a gallant fourth place. Other European horses filtered in behind with Brown Panther finishing in eighth for Richard Kingscote and Tom Dascombe. The French raider broke down entering the final turn and was fatally injured.

Also Dunaden finished well down the field and was only expected to run to a price of 66/1. 

Apart from the current British raiders there were many ex-British horses running in the race. Fiorente was only one of them. Ruscello, another British Raider, finished in 23rd place out of 23 runners, excluding the French horse Verema that pulled up injured.

The ending of the Melbourne Cup signals the end of a busy last week for European Jockeys, many of whom had been riding at the Breeders Cup just this past weekend.

Ryan Moore and Richard Hughes both had winners at Santa Anita and then flew out straight after the end of the Classic so they could take their mounts in the Melbourne Cup. Hughes is expected to return to England to confirm his tenure as Top Jockey in Britain for the second year in a row with Moore behind him in second place. 

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