New Zealand-bred Efficient has won Australia's Melbourne Cup with jockey Michael Rodd steering him to a powerful finish over the final 100 metres in the country's richest horse race.
The win was the third Melbourne Cup for Efficient's owner, businessman Lloyd Williams, who won previously with Just a Dash in 1981 and What a Nuisance in 1985.
English stayer Purple Moon was second and Irish-trained Mahler third in the 3,200-metre race that began with 21 strong field.
There were three late scratches in the $4.6 million race.
Efficient, a 4-year-old gelding, won for the sixth time in 13 starts.
"It's a great thrill, it's a dream," Williams said.
"I have horses that have run first and fourth which is very satisfying because I buy staying horses to try and win the Melbourne Cup."
Williams' other horse in the race, Zipping, came in fourth, the same position as in last year's race.
"Zipping's was a terrific run but (Efficient) was favorite for the Melbourne Cup when the market was first put out," he said.
"He drifted out because he put in a couple of bad runs, but there you are, we had some confidence in him."
Efficient was trained by New Zealand veteran Graeme Rogerson.
Australia's first outbreak of equine influenza affected overseas and out-of-state entries in the race, including the one-two 2006 Japanese pair of Delta Blues and Pop Rock.
Bay Story's deadly tumble
In an earlier race, Bay Story had to be euthanized when the 6-year-old broke a hind leg 150 meters from the finish while in second place in the Long Black Handicap.
English trainer Brian Ellison had hoped to win a place in the Melbourne Cup with Bay Story but ended up just outside the 24-horse limit.
Bay Story's jockey Mark Zahra was taken to hospital with a leg injury, forfeiting his Melbourne Cup ride on Scenic Shot, which finished 16th.