The Caulfield Cup is a horse racing event held in Melbourne, Australia. Since Australia is regarded as the horse capital of the world, the events held there are regarded with much respect. The Caulfield Cup, held in October, is an event that draws the attention of horse breeders and enthusiasts from around the world. This is not only because the grand prize is a whopping 3 million dollars, but also because the best horse breeds from around the world complete in the event.