A FIRST ever British victory in the Emirates Melbourne Cup was prevented by the narrowest possible margin once again as Ed Dunlop’s Red Cadeaux succumbed to well-fancied French stayer Dunaden.

Efficient bounced back to winning form to deny Purple Moon an historic win in a thrilling finish to the Emirates Melbourne Cup at Flemington.

Emirates Melbourne Cup favourites Tawqeet and Yeats have had their prospects of winning the Group One at Flemington on Tuesday enhanced by drawing favourably at Saturday’s ceremony.