MELBOURNE'S racing spring carnival is one of the most anticipated events on the social - and indeed the nation's - calendar.

The Melbourne Cup week provides a magnificent array of colours, fashions and statements as racegoers and celebrities alike go all out with their dresses, suits and, most importantly, their hats and fascinators.

Here at SportsNewsFirst we are committed to bringing you the highest quality gallery full of the most beautiful, stylish and spectacular shots from Melbourne's pinnacle racing events.

From Derby Day to Oaks Day and of course the big one - the Melbourne Cup itself - you can find all the best pictures right here.