Efficient is too good!
MELBOURNE, (AAP): Businessman Lloyd Williams landed his third Melbourne Cup when Efficient took out the $5 million race at Flemington yesterday.
Efficient ($17), ridden by Michael Rodd and trained by Graeme Rogerson, came with a strong run in the final 100 metres to down the heavily-backed Purple Moon ($5.50) by a half-length.
Irish-trained Mahler ($10) was 2-1/2 lengths away third after a bold, frontrunning bid to pinch the race with his lightweight 50.5kg.
"I've won the Melbourne Cup I can't believe it," Rodd said.
"All credit goes to Lloyd Williams and Graeme Rogerson and their great stable here in Melbourne."
Sixty-seven-year-old Williams, an associate of the late Kerry Packer, had previously won the Cup with Just A Dash in 1981 and What A Nuisance in 1985.
He was disappointed when his favourite horse Gallic was found to be injured and was scratched earlier today.
The field was reduced to 21 when The Fuzz and the well-supported Maybe Better were also scratched in the hours leading up to post time.
Williams' other Cup entrant Zipping ($7.50) ran a tremendous race to finish fourth for the second year in a row.
Williams watched the race from home and said he did not have a bet.
"Age has caught up with me I'm just happy to win," he said.
Efficient won the Victoria Derby at the Melbourne Cup carnival last year and was ninth to El Segundo in the Cox Plate at his last start.
Favourite Master O'Reilly ($3.80) finished eighth.
Tungsten Strike ($31) was last.