With thousands of people at Flemington for the big day, it’s not just all about celebrity.
There’s real people frocking up and then there’s real people dressing up – it really does take all sorts.
With rain falling early in the morning, racegoers will be switching shoes and grabbing jackets for Cup day.
Things are looking a little soggy out there but the weather bureau is saying the skies will hopefully clear a little this afternoon.
But, of course it’s not all about the fashionistas, there’s horse races to be run.