The Magic Millions Carnival in January is a highlight of the Australian horse racing calendar, merging elite thoroughbred racing with a lively social scene. Over a week-long carnival, the event features races that showcase Australia’s most promising yearlings, all vying for the multi-million dollar prize pool. However, it’s not just the races that draw in the crowds. Magic Millions also boasts a series of social events like beachside barbecues, cocktail events, and fashion competitions, making it a must-attend for the social elite. The pinnacle of the week is the Magic Millions Raceday, one of the richest race days in the world.