Caulfield horseman Peter Moody says Australia should host its own international race day to attract the world's best gallopers.
"Why can't we have a day with A$3 million sprint, 1600m, 2000m and 2400m races to put ourselves on the international map?" Moody asked the Herald Sun.
"Every major centre has their big day: the Breeders' Cup in America, Japan, Dubai, the UK and, right now, Hong Kong.
"They have a day but we settle for one race, the Melbourne Cup, a two-mile handicap which doesn't attract the best horses in the world but has prizemoney of A$6.2 million.
"It may be something for the Australian Racing Board to consider. The day probably would be best suited in the autumn.