"It's very sad but it could have been worse".
Leading jockey Hugh Bowman has been suspended for a month for three separate offences when riding Melbourne Cup runner-up Marmelo on Tuesday.
In fact, with Marmelo and A Prince Of Arran coming in second and third, it was a British-dominated field in Melbourne.
He first tried to win the Melbourne Cup back in 1988, and through the Godolphin royal blue colours since 1998.
He timed his charge to perfection, taking the lead in the final strides for a third Melbourne Cup victory, with his family set to benefit from his slice of the prize money estimated at $200,000 (£110,000).
A win for Marmelo would have completed a dream run for jockey Hugh Bowman, who has enjoyed a marvellous ride aboard superstar mare and four-time Cox Plate victor, Winx.
English trainer Charlie Appleby was full of praise for McEvoy's ride.
The Aidan O'Brien-trained horse suffered a fractured shoulder during Tuesday's race and had to be euthanised, Racing Victoria's executive general manager - integrity services, Jamie Stier, said in a statement. "And yeah look, I'm just lucky I can ride light on these lovely stayers prepared unbelievably well by Godolphin and Charlie Appleby".
"This is a race we have been trying to win for years and I'm just fortunate to turn up with the right horse".
Kerrin McEvoy, who rode the race victor Cross Counter, was fined $3,000 for also exceeding the whip limit, using it nine times before the final 100 metres. He's the one that's given us the encouragement to take the chances in what we do.
"Considering Australians hate cruelty to animals, commemorating a day on which horses routinely die in the Melbourne Cup is fundamentally un-Australian", a PETA spokesman said.
"We have campaigned over here the last three years now and have been competitive but we have always learnt each trip what horse we felt was going to be needed on the big day".