UPDATE: AS THE Melbourne Cup was run and won around television sets around the Bundaberg region, one lucky local owner of Prince of Penzance was sharing the spoils of winning the richest race in Australia.
Dalton Racing, which involves local lawyer Bruce Dalton, was celebrating long into the night as its horse stunned the sporting world yesterday to win the Melbourne Cup.
Bruce, along with his brothers Joe and Jonathon, own a 15 percent stake in the horse after purchasing it at a yearling sale in New Zealand in 2011.
Now they can officially call themselves Melbourne Cup winners after also claiming the Moonee Valley Cup last year with the same horse.
Joe Dalton, who was still coming to terms with the win, told the NewsMail's sister paper the Observer it was a wonderful feeling to win the race.
"Unbelievable, unbelievable and it takes a little bit of the sting after losing the World Cup, but winning the Melbourne Cup... I'll take that," Dalton said.
Prince of Penzance's win, which paid out 100-1 in some markets, came as a shock to most pundits.
The owners though knew it had a great chance.
"We thought he was up for a top five and that top 10 would certainly be within his grasp," Dalton said.
The horse, which is trained by Darren Weir, created history with Michelle Payne becoming the first female jockey to win the cup.
Denpurr - part-owned by Bundaberg couple Warren and Carol Childs placed third in the Lexus Hybrid Plate, which was taken out by Don't Doubt Mamma.
EARLIER: TUESDAY'S Melbourne Cup has a local connection with Prince of Penzance, which is part owned by Bundaberg residents.
Dalton Racing - owned by Bruce Dalton and his brothers Joe and Jonathon - own part of the horse which has won the 2015 Melbourne Cup.
A winner of six races, out of 23 in its career so far, the horse drew barrier 11, cloth 19, for the race at 2pm Queensland time today.
Not a favourite with the bookies, with odds of more than $60 to win with the majority of the bookmakers, it was considered a long shot to take out the crown.
The recent form has also not been promising.
Last week, trying to defend the Moonee Valley cup it won in 2014, it finished second behind The United States.
Before that race, in the four events it competed in this year, it didn't register a top four finish.
This is the sixth time the horse had competed at Flemington but the first time it has attempted the 3200m distance.
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