Watch: The Sizzling Final Burst Of 2018 Melbourne Cup Winner Cross Counter

Cross Counter has won the 2018 Melbourne Cup. And oh boy, did it come from a long way back with an incredible run down the outside of the famous Flemington straight.

It's the third Melbourne Cup for jockey Kerrin McEvoy who won aboard Brew in 2000 and on Almandin in 2016.

But more importantly, it's the first Melbourne Cup for the Godolphin stable -- the world's largest and most powerful stable which is based in Dubai but has trainers around the world -- and which has been trying to win this race for 26 years but never come closer than second place.

As the race caller said in a reference to the blue silks worn by Godolphin jockeys, "the blue army have done in at last!"

Cross Counter is a four-year-old gelding trained in England by Charlie Appleby for Godolphin. It was the first Melbourne Cup win for an English trainer, and English trainers actually trained the first, second and third placegetters.

Incredibly, Cross Counter had raced only seven times previously, winning four of those starts. Like last year's winner Rekindling, it was the baby of the field.

Marmelo finished second, ridden by Winx's jockey Hugh Bowman, while A Prince of Arran -- who only made his way into the field by winning the Lexus Stakes on Saturday -- ran third for Winx's trainer Chris Waller.

"I'm delighted, this is everyone's dream. This is all down to Sheikh Mohammed. He's the one who encouraged us to take the chances in what we do," winning trainer Charlie Appleby said.

"Coming into the day, this horse ticked a lot of boxes."

"Amazing day. Lucky to team up with Charlie again and get on this young three-year-old and repay the faith that Sheikh Mohammed showed in me and win him this Melbourne Cup," winning jockey Kerrin McEvoy said.

MELBOURNE, AUSTRALIA - NOVEMBER 06: Kerrin McEvoy and trainer Charlie Appleby pose with Cross Counter after winning Race 7, Lexus Melbourne Cup during Melbourne Cup Day at Flemington Racecourse on November 6, 2018 in Melbourne, Australia. (Photo by Vince Caligiuri/Getty Images)

For the record the reason the jockey called the horse three years old but we're calling it four is that European horses have different horses' birthdays. In the UK it's Jan 1 while here it's August 1.

Irrespective of the horse's age, this was a heck of a win. Cross Counter came from well back in the field but stormed down the outside to win a thrilling Melbourne Cup.

The winner started at odds of $9.

Tragically, Irish galloper The CliffsofMoher broke down early in the race. It was later euthanised.

Scroll down for all the action leading up the Great Race as it unfolded today.

Live Reporting