LIVE - Designer Award, Melbourne Cup Day

And the winner is Oscar Calvo, congratulations!First runner-up...And the winners are... Second runner-up.We may be biased, but Anthony Capon's incredible gold lace and sequin ensemble is our favourite.12:45 - The final of the Design Award is about to begin... And here are the finalists!1:30 - The fabulous Dita von Teese arrives to join the already star-studded judging panel!And preliminary final 3...Here's preliminary final number 2...1:15 - The preliminary finals are about to begin, and Angela's made the cut! Here's the outfit in final 1.The final heat, number 6.Heat # 5 featuring Angela's entry, #836.And heat number 4...Here's heat number 3...Heat 2 takes to the stage...Heat 1 commences...12:45 - International Style Guest Coco Rocha arrives to judge the Design Award.12:20 - The Myer Fashions on the Field women's racewear competition has concluded and the invite-only Design Award will be starting soon.

LIVE - Myer Fashions on the Field Melbourne Cup

12:20 - the winner, #618 Chloe Moo! Everything was handmade in the Northern Territory.Second runner-up is #610, Brooke Walter (right). Which leaves the top 2...12:15 - The top 3!Here they are, the finalists!12:00 - The finalists have been announced and the grand final for Melbourne Cup Day will be starting shortly.Preliminary final 4...Preliminary final 3...Preliminary final 2...11:35 - the preliminary finals have begun and there's even tougher competition and bigger fields than Derby Day!

Myer Fashions on the Field: Derby Day - Women's Racewear

The winner, Ashleigh #371! She made the leather dress and boater hat herself. Ashleigh will progress to the Victorian State Final on Oaks Day and, if successful, will compete with the other state finalists in the national Myer Fashions on the Field final.SavedPicture-2013112123511.jpg The top 3, with Stephanie Martin (left) named as second runner-up. Which leaves two...12:15 - here they are, the finalists!12:00 - contestant Louise #330 is the winner of the Longines Award for Elegance, wearing an outfit by Howard Showers and hat by Louise McDonald.

11:35 - the preliminary finals have begun. Very tough competition, I would not like to be an entrant with these ladies!

11:15 - The heats have just concluded at Myer Fashions on the Field at a gloriously sunny Flemington Racecourse. The competition is fierce, with a stunning array of beautifully dressed entrants all vying for today's winner's sash.

Stay tuned to OTOT for live updates from the Myer Fashions on the Field enclosure and follow us on Instagram for all the fashion action!