Melbourne Cup 2025: Half Yours has won the 165th Melbourne Cup, making history with Australian jockey Jamie Melham becoming only the second female rider to win this prestigious race. The event was full of excitement, especially down the famous Flemington straight where the horses fought fiercely for position. But Half Yours, a five-year-old gelding bred in Australia, surged ahead with strength and speed to take the $10 million prize.
Jamie Melham’s victory is especially remarkable, as she completed the rare Caulfield Cup Melbourne Cup 2025 double—the first female jockey to do so since Michelle Payne’s milestone win 10 years ago. Melham’s win has cemented her status as a queen in Australian horse racing. Trainer Calvin McEvoy also earned his first Melbourne Cup win with this victory.

Close behind in the race, Goodie Two Shoes finished second, followed by Middle Earth in third and River Of Stars in fourth place. The moment was emotional for Melham, who broke into tears, overwhelmed by the achievement and support from the racing community.
She guided Half Yours through tight gaps, including overtaking her husband, Ben Melham, who also competed that day. Jamie expressed deep emotion after the win, calling it a feeling which is undescribeable.
This year’s Melbourne Cup field had 24 top horses from around the world, but Half Yours was the only Australian-bred horse to win this iconic race. Melham praised Half Yours as a “legend” and thanked her trainers and family for their support.
However, the race was not without controversy. Jye McNeil, riding Valiant King, received an 18-race suspension for careless riding caused by an incident during the race. Despite this, the spotlight remained on Melham and her historic victory.
Melbourne Cup 2025 Results Summary
| Position | Horse Name | Horse Number | Payout (Win/Place) |
|---|---|---|---|
| 1st | Half Yours | 14 | $8.60 / $2.90 |
| 2nd | Goodie Two Shoes | 20 | $9.20 |
| 3rd | Middle Earth | 7 | $8.30 |
Jamie Melham’s Historic Achievement
Jamie Melham has made history as the second female jockey to win the Melbourne Cup and the first to claim both the Caulfield and Melbourne Cups in one season. Her determination and talent have inspired young jockeys across Australia and beyond.
Watch How Half Yours Team Celebrated🎉
✨A feeling beyond words… Half Yours wins the 2025 Lexus Melbourne Cup#MelbCupCarnival #CupDay pic.twitter.com/J1TwRgRYht
— Victoria Racing Club (@FlemingtonVRC) November 4, 2025
Emotional Celebrations and Legacy
Michelle Payne, the first female winner in Melbourne Cup 2025, was seen embracing Melham after the race, welcoming her to the exclusive club of female champions. The win signals a bright future for women in horse racing.