an Entity references as follows:
The Melbourne Cup is a Thoroughbred horse race held in Melbourne, Australia. It is a 3200-metre race for three-year-olds and over, conducted by the Victoria Racing Club on the Flemington Racecourse in Melbourne, Victoria as part of the Melbourne Spring Racing Carnival. It is the richest "two-mile" handicap in the world and one of the richest turf races. The event starts at 3:00 pm on the first Tuesday of November and is known locally as "the race that stops the nation".