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How Amazing Does 31-Year-Old Melbourne Cup Winner Subzero Look?

What. A. Legend.

He won the 1992 Melbourne Cup as a four-year-old.

Twenty-seven years on, you don't have to be a mathematical genius to work out that ghostly grey Subzero is now 31, which is really, really, really old for a horse.

But doesn't he look amazing?

He doesn't look sub par for an old bloke. Image: AAP

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"Old Subbie", as everyone calls him, is quite the celebrity in Melbourne.

There is no retirement home he has not visited, no school fete he has not appeared at. He's a beautiful, gentle horse with a million friends. Subbie is the people's horse.

On Kennedy Oaks Day at Flemington on Thursday, Subbie led the field out for the race named in his honour -- the Off The Track Subzero Handicap over 1400m.

It's a race specially reserved for grey horses, and it makes for some spectacular scenes. Here's the field as it thunders around the home turn.

There were many grey areas. (AAP Image/Micahel Dodge)

And here's the winner, Bumper Blast, ridden by THAT MAN Craig Williams, rider of Melbourne Cup victor Vow And Declare. He's having himself some sort of week now.

Yep, you are indeed number one right now. IMAGE: AAP

But the real champ this week is Old Subbie, who stopped and let half the racecourse pat him today, and who will go home tonight knowing he's made a lot of people happier. Again. Just like he's been doing for years.

Watch Network 10's live coverage of Kennedy Oaks Day.

And remember, wherever you are during the Melbourne Cup Carnival, you can log on to all the latest at 10daily.com.au/cupweekon10. And of course, we'll be all over social -- follow us on Instagram, Twitter and Facebook.

Network 10 is the official broadcaster of the 2019 Melbourne Cup Carnival.