With AAMI Victoria Derby Day underway, it means the Melbourne Cup Carnival is finally underway.

With a formal dress code that focuses on black and white, some of the biggest stars are at Flemington for one of the biggest race days of the year.

The AAMI Victoria Derby is run at 3:45PM but there are 9 races in total, so plenty to keep the crowd excited.

Have a scroll through all the best looks from Flemington’s PINK carpet below!

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