Delta Blues has won the Melbourne Cup, pipping Pop Rock at the post in a photo finish.
The two Japanese horses stormed home in a thrilling finish to the 3200 metre race, which carries a first prize of $3,000,000 and a second prize of $750,000.
Maybe Better came third and Zipping fourth.
Delta Blues, ridden by Yasunari Iwata and trained by Katsuhiko Sumii, was carrying 56kg.
Jockey Iwata said: "I'm very happy. He is the biggest winner ever."
Before the race at 3pm, Tawqeet was listed as the $5.30 favourite in NSW and $5.40 favourite in Victoria, Pop Rock was at $7.40 in NSW but had dropped remarkably to $6 in Victoria, while Yeats moved back out to $7.60 and $7.40 in the two states.
(http://www.smh.com.au/news/horseracing/delta-blue-wins-the-cup/2006/11/07/1162661661784.html)