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Michelle and Stevie Payne: A fairytale that still inspires

13 October 2025 Written by VRC

Ten years on from their extraordinary Melbourne Cup triumph, Michelle and Stevie Payne remain one of racing’s most heart-warming partnerships — a story of family, resilience, and belief that continues to capture Australia’s imagination.

It’s a story that could have been written for the big screen — and, in fact, it was. But for Michelle and Stevie Payne, the magic of their 2015 Melbourne Cup victory aboard Prince Of Penzance is still as real and powerful as the day it happened.

The siblings reflect on that life-changing moment, revisiting the bond that made racing history and inspired millions around the world.

“Being in that race with Stevie, it couldn’t have been any better,” Michelle recalls. 

“I remember walking around the mounting yard and looking down at him thinking, ‘Here we are — two kids on the biggest stage in Australia.’ It honestly doesn’t get any better than that.”

Stevie, who famously drew barrier one for Prince Of Penzance, laughs as he remembers the moment. “I said I wanted one or two,” he grins. “And I got one.” That single draw set the scene for an unforgettable performance — and one of the greatest underdog victories in racing history.

As the pair relive those final 50 metres, the emotion still lingers. “I was yelling, ‘Don’t go too early!’” Stevie laughs, while Michelle admits she knew the horse was travelling perfectly. “When I saw we were in front, I thought, ‘This is it.’ It’s still hard to believe we walked up that famous Flemington straight as winners.”

Their story transcends sport. It’s about courage, persistence, and the unbreakable bond of family. “I dreamed about the Melbourne Cup from when I was five years old,” Michelle says. “Stevie and I watched Phar Lap a thousand times. We always believed it was possible.”

Today, their journey remains one of racing’s defining moments — and one that continues to inspire the next generation.

“Stevie means everything,” Michelle says softly. “He’s amazing — funny, honest, and the best company. We’re just lucky to have each other.”

As they rewatch the film Ride Like a Girl together, the memories come flooding back. “It’s incredible to know we’ll always have that movie to share,” Michelle reflects.

“But the real story — our story — started right here at Flemington.”

Melbourne Cup Carnival