Tens of thousands of glamorous spectators flocked to the gates of Royal Randwick before the start of Sydney’s richest race.

Billed as “the richest turf race in the world”, Everest 2024, which will take place at the Royal Randwick racecourse in Sydney’s eastern suburbs, is expected to attract almost 50,000 punters.

The race itself sees 12 of the fastest horses compete over a distance of 1,200 meters for the chance to win the $20,000,000 prize.

Spectators are expected to devour more than 10,000 cocktail tarts and 14,000 plates of food as a show of hospitality, all washed down with around 500,000 drinks.

Participants of all ages, dressed and shod for the occasion, began flocking from 10:00 a.m. to place their bets before the main event at 4:15 p.m.

Some members were even spotted sprinting towards the doors, while others were happy to pose for the cameras.

A group of women wearing fascinators and winter jackets over their dresses waited patiently at the turnstiles.

But the young runners were apparently less concerned about dressing appropriately for the overcast spring weather.

Tens of thousands of glamorous spectators flocked to the gates of Royal Randwick before the start of Sydney’s richest race.

Some members were even seen sprinting towards the doors…

…while others were happy to pose for the cameras

For general admission, there is no formal dress code to follow, but punters are asked to avoid fancy dress, ragged clothing and flip-flops.

Participants of all ages, dressed and shod for the occasion, began flocking from 10:00 a.m. to place their bets before the main event at 4:15 p.m.

Members must adhere to a strict dress code.

For female members, jeans, leggings, parkas, playsuits, duffle coats and “belly-showing clothing” are all prohibited.

Male members are “required to wear fitted pants, dress shoes, collared shirt with tie and jacket, sport coat or blazer.”

Visored caps, beanies and open-collared or collarless shirts are prohibited.

For general admission, there is no formal dress code to follow, but punters are asked to avoid fancy dress, ragged clothing and flip-flops.

There has been widespread speculation that King Charles could bring the ‘royal’ to Royal Randwick by making an appearance at the sold-out event.

However, Saturday is officially considered a day off during his tour of Australia, as the pair were spotted taking a leisurely stroll in the garden of Admiralty House on Sydney’s North Shore.

As well as the $20 million TAB Everest, Saturday will also see the second running of the $5 million King Charles III Stakes and the $2 million Kosciuszko, all part of Australia’s richest day of racing.

A group of women wearing fascinators and winter jackets over their dresses were photographed waiting patiently at the turnstiles.

But the young runners were apparently less concerned about dressing appropriately for the overcast spring weather.

Spectators are expected to devour more than 10,000 cocktail tarts and 14,000 plates of food as a show of hospitality, all washed down with more than 500,000 drinks.

There has been widespread speculation that King Charles could put the ‘royal’ in Royal Randwick by making an appearance at the sold-out event.