It is a huge day in Australia with the running of the Melbourne Cup taking place. This is an annual horse racing event. Horses come from pretty much all over the world to run in this race.
In recent times they have changed the time of the race it runs (i think) at approximately 3.00pm.
There are luncheons held all over the place; and people get dressed up in all their finery and hats etc. Its a lot of fun.
I'm attaching a web-site address for anyone that would like a little bit more information of the race. It should also tell you how long the track is and other information.
http://www.goaustralia.about/com/cs/mel ... rnecup.htm