Half Yours ($9) scored by 2¾-lengths from Goodie Too Shoes ($41 to deny Irish trainer Joseph O'Brien a third Melbourne Cup with Middle Earth ($26) who turned around his form over the longer trip 1½-lengths away filling the minor placing.
Trained by father-son combination Tony and Calvin Mcevoy, the pair achieved a lifelong dream especially for Tony who now boasts trophies from the big three races in Victoria.
The Cox Plate trophy with Fields Of Omagh in 2003 is now joined by Half Yours' Caulfield and Melbourne Cup wins in 2025.
"I lost sight of him when that leader went out," Tony said with reference to $61 chance Land Legend taking a ten-length lead at the 1400-metre mark.
"My eyes aren't as good as they were and I caught him ducking back to the inside. What a thrill and what a horse he is, and what a joy he is for us."
Race favourite and French raider Prestige Nocturne ($5.50) finished 19th.