The Caulfield Cup is one of the Spring Carnival's most anticipated races.
Taking place each October, it's the arguably first major event of the carnival and provides a taster of what's to come at the Melbourne Cup in November.
Verry Elleegant took out the race last year, while Mer De Glace won the 2019 edition.
Here's everything you need to know about the 2021 Caulfield Cup.
WHEN IS THE 2021 CAULFIELD CUP?
The Caulfield Cup is traditionally held on the third Saturday in October at Melbourne’s Caulfield Racecourse.
This year, it will take place on October 16th - the same day as The Everest in Sydney - with its start time yet to be advised.
The Caulfield Cup is one of the oldest horse races in Australia, having first taken place in 1879. 2020 will be the 142nd edition of the race.
WHAT IS THE PRIZE MONEY FOR THE CAULFIELD CUP?
The prize money for the Group 1 Caulfield Cup is a share of $5 million, making it one of the richest races in the world at its distance (2400m) or above.
WHAT CONDITIONS IS THE CAULFIELD CUP RUN UNDER?
The Caulfield Cup is a handicap race run over 2400m and is a Group 1 race.
In 2017 Racing Victoria announced a change in policy around re-handicapping the winner of the Caulfield Cup into the Melbourne Cup.
The winning horse will no longer be re-handicapped for the Melbourne Cup if they have already been allotted a weight of 56kg or more. Additionally, the Caulfield Cup winner will not be handicapped to carry more than 56kg in the Melbourne Cup.
In an effort to promote local horses, the number of races that gain automatic entry for overseas horses to the Caulfield Cup has been halved from 18 to nine.
HOW TO WATCH THE 2021 CAULFIELD CUP?
The 2021 Caulfield Cup will be broadcast nationally on Channel 7.
Sky Racing will also broadcast the big race, given its extensive history of showing the Spring Carnival's major races.
2021 CAULFIELD CUP BETTING ODDS
Although the final field isn't set at this stage, punters can still bet via the All-In Market.
See below for all the latest odds courtesy of Sportsbet. Odds correct as of Monday August 16th.
| RUNNER | ODDS |
| Incentivise | $7 |
| Mount Popa | $13 |
| Verry Elleegant | $13 |
| Gold Trip | $15 |
| Duais | $21 |
| Twilight Payment | $21 |
| Other runners | $26+ |