New South Wales trainer Kris Lees didn't win the Melbourne Cup but there is no way he is going to be a loser out of the race.
Lees had the second favourite, Lucia Valentina, in yesterday's race but the mare couldn't reproduce the form she showed in her Caulfield Cup placing.
Instead, Lees could only marvel as Protectionist careered away for one of the easiest Cup wins of the modern era.
Lees will now be the envy of every Australian racehorse trainer because Protectionist will join his Newcastle stable.
Newcastle-based syndicators Australian Bloodstock bought the Andreas Wohler-trained Protectionist earlier this year with his former owners retaining a share until Tuesday's race.